ZTE Subsidiary Authorized to Purchase H200, Chinese Buyer List Continues to Grow

According to Soochow Securities' monitoring, Reuters reported, citing sources familiar with the matter, that ZTE Kangxun Telecom, a subsidiary of ZTE, has obtained U.S. approval to purchase NVIDIA H200. Server manufacturer Maginfra has also received a similar license.

Another company under Kingsoft has been allowed to purchase some AMD similar chips. These three companies were not disclosed previously.

In May of this year, the United States approved about 10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to purchase H200. Approval does not necessarily mean immediate delivery.

Some Chinese cloud service providers have recently informed partners that they may soon receive the H200. This indicates progress in the Chinese import review process.