China Greenlights DeepSeek Nvidia H200 Chip Deal — with Conditions

China has reportedly granted its leading AI startup, DeepSeek, approval to purchase Nvidia’s (NVDA) H200 AI chips. Reuters, citing sources familiar with the matter, reported that the regulatory conditions are still being finalized. Despite the approval, NVDA is down in pre-market trading as investors wait to see the exact terms and how the deal will benefit Nvidia.