Nvidia is eyeing a limited China sale of its H200 chips to leading AI firms, with approvals reportedly near as The Information cites insiders.

The U.S. has already granted licenses for these chips, and Nvidia’s stock rose about 1% on the report.

Beijing has signaled cautious approval, with previous Reuters reporting that China cleared sales and Nvidia’s CEO had indicated China’s blessing earlier.

Insider activity shows substantial selling in the last three months totaling $410.6 million, with no purchases, signaling a cautious outlook.

Nvidia’s financial health is rated robust, with a 9/10 strength score.

Overall, the story frames a mixed picture: strong fundamentals and potential undervaluation against insider selling and regulatory dynamism in China.

Despite bullish signs for revenue, actual commercial impact remains zero as policy approvals have yet to translate into deliveries.

Valuation tools hint at substantial undervaluation, with an intrinsic value around $356 versus a $196 market price, implying roughly a 45% gap.

The move underscores the geopolitical layer of chip exports amid U.S.-China tensions, though Nvidia’s official stance was not quoted.

Beijing’s caution stems from security concerns and new supply-chain rules introduced by China’s State Council.

The policy shift reflects China’s pressure to address shortages of high-end processors for training large AI models.

Total potential orders could exceed 400,000 chips, but as of mid-May 2026, no shipments have occurred.