The US has cleared roughly ten Chinese companies—including Alibaba, Tencent, and ByteDance—to buy up to 75,000 Nvidia H200 chips each. But not a single chip has shipped. According to Commerce Secretary Lutnick, Beijing is blocking the purchases to protect its domestic chip industry. The article Ten Chinese firms including ByteDance reportedly get US clearance for AI chips they're not allowed to accept appeared first on The Decoder.