Walter Bloomberg: China has not bought Nvidia H200 chips after U.S. approval

Walter Bloomberg: China has not bought Nvidia H200 chips after U.S. approval
China avoids Nvidia H200 chips

Walter Bloomberg, financial news account at X (Twitter) Account, reported that U.S. President Donald Trump stated China has not purchased Nvidia’s H200 chips even after receiving approval for sales from the U.S. President Donald Trump explained that China chose not to proceed with the purchase and is instead working to develop its own technology. Chip stocks fell after the summit ended.

Bloomberg has previously reported on macroeconomic developments and market sentiment. In April, he noted that U.S. nonfarm payrolls were forecast to rise by 65,000, with a steady jobless rate and modest earnings growth. He also covered an S&P Global warning on fiscal strain in Central and Eastern Europe due to energy shocks and support measures.

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