NVIDIA Corporation (NVDA)'s CEO Claims China is Still Finalizing Licence for the H200 Chip

NVIDIA Corporation (NASDAQ:NVDA) is among the Ken Fisher Stock Portfolio: 12 Best Stocks to Buy.

NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang stated that China is still finalizing a license to permit sales of the H200 artificial intelligence chip, according to a January 29, 2026, Reuters report. Speaking in Taipei following visits to Chinese officials, partners, and clients, Huang stated that he is expecting a decision from the Chinese government on approval. He claimed that consumers demand the H200 and described it as advantageous for both the Chinese market and American technological superiority.

Reuters had earlier reported that China had approved acquisitions of more than 400,000 H200 chips by ByteDance, Alibaba, and Tencent. This was under rigid conditions, but Huang stated NVIDIA Corporation (NASDAQ:NVDA) has not received such details and believes the outcome is still pending.

Huang stated that the corporation needs to compete fiercely because China has a lot of powerful chip companies. He stated that despite limited packaging capacity, the firm will collaborate with TSMC to arrange supply and deliver promptly if the H200 is authorized. Huang noted that he would be happy to invest in OpenAI in the future.

The stock is up by 1.94% YTD as of January 29, 2026.

NVIDIA Corporation (NASDAQ:NVDA) is a leading graphics processing unit manufacturer.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 20 Best Performing Stocks in 2025 and 12 Best Food Stocks to Buy in 2026. 

Disclosure: None. This article is originally published at Insider Monkey.