During the Xi-Jinping meeting, foreign media quoted insiders as reporting that the US Department of Commerce has approved approximately 10 Chinese companies, including Alibaba, to purchase Nvidia’s H200 chips. On May 15th, many Chinese media outlets suddenly deleted related reports after the news was covered. There were rumors circulating online claiming that the negotiations fell through, and the Chinese authorities demanded the withdrawal of articles across the entire internet.
On May 14th, Reuters cited sources stating that the US Department of Commerce had approved around 10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to purchase Nvidia’s H200 chips, with each company allowed to buy up to 75,000 units. Several distributors, including Lenovo and Foxconn, also received approval. This approval coincided with Nvidia CEO Huang Renxun’s meeting with Chinese officials in Beijing.
On May 15th, numerous mainland Chinese media outlets covered the related news. According to incomplete statistics by reporters from Epoch Times, various Chinese media such as Sina Finance, Caixin, Tonghuashun, Jiemian News, and Sohu reposted the relevant reports.
Interestingly, all these media outlets withdrew their articles and deleted the related reports on the same day.
A self-proclaimed founder of CLabs and financial blogger, known as “GiantCutie|C Labs (@giantcutie666)” on social platform X, uploaded relevant screenshots and commented, “It looks like the negotiations fell through after all! Old Huang (Huang Renxun) wasted his wine. The news about Nvidia selling chips was requested to be withdrawn across the entire internet…”
The screenshots uploaded by the blogger indicated, “Negotiations fell through” and “The news article is requested to be withdrawn across the entire internet.”