Mark MacCarty argues that despite U.S. approval for Nvidia H200 chip sales to China, Chinese authorities have effectively blocked domestic firms from buying them, ending near-term American dominance of China’s AI chip market. He contends Beijing is prioritizing indigenous chip development over access to superior foreign technology as a long-term strategic bet. He adds that repeated U.S. export-control reversals, such as the H20 reclassification, have convinced Chinese decision-makers that American semiconductor suppliers are unreliable partners.
