Nvidia CES 2026 H200 China Strategy: Jensen Huang Navigates Geopolitical Storms

The demand is massive, but the licenses are missing. Nvidia is betting big on China with its latest H200 AI chips despite a tightening regulatory noose. At CES 2026, CEO Jensen Huang signaled that the tech giant won't abandon its most lucrative market without a fight.

Nvidia CES 2026 H200 China: The Battle for Silicon Supremacy

According to Nikkei Asia, Jensen Huang confirmed "strong" demand for the H200 chip from Chinese clients. However, sales are currently stalled as Nvidia awaits the green light from both Washington and Beijing. While the U.S. works on a licensing framework, China has yet to signal its stance on the H200. Huang remains optimistic, even suggesting that the next-generation Rubin architecture will eventually reach Chinese soil to counter domestic rivals like Biren and Moore Threads.

Asia's $70 Billion Data Center Financing Pivot

The race to power AI is reshaping Asian finance. MSCI data shows that nearly $70 billion in private equity has flowed into Asia-Pacific data centers over the last decade, with $40 billion of that arriving in just the past two years. Borrowing is becoming more aggressive, shifting from vanilla bank loans to riskier debt from institutional investors. This surge raises questions about whether the market is heading toward an overcapacity-driven bust.

Regulatory Headwinds: Meta and Honda

Geopolitics is also hitting the ground floor. China is reviewing Meta's$2 billion acquisition of AI startup Manus for potential export violations. Simultaneously, Honda has extended the shutdown of three Chinese factories until January 19 due to a shortage of Nexperia chips, a direct result of the ongoing semiconductor dispute between the Netherlands and China.