US Approves ZTE Unit, Maginfra to Buy Nvidia H200 and AMD AI Chips

According to Reuters, the US has approved ZTE Kangxun Telecom, a unit of Chinese telecom equipment maker ZTE, along with server maker Maginfra and Zhuhai Hengqin Yunxiang Zhisheng (a subsidiary of cloud computing company Kingsoft), to purchase advanced AI chips from Nvidia and AMD.

ZTE Kangxun and Maginfra were cleared to buy Nvidia's H200 chips, while Zhuhai Hengqin was approved for AMD chips that compete with the H200. The clearances follow a January 2026 US Commerce policy change allowing case-by-case review of certain H200-class chip exports to China and Macao if exporters meet supply, compliance, and third-party testing requirements. Around 10 other Chinese firms, including Alibaba, Tencent, ByteDance, and JD.com, had won similar approvals by May.