David Sacks says China and Xi Jinping outmaneuvered US over Nvidia H200 AI chip exports

On December 14 2025, David Sacks, a key AI adviser to Donald Trump, said China and Xi Jinping have already anticipated the US strategy behind allowing Nvidia's H200 chip exports and are now turning the hardware down. He linked Beijing's stance to a push for semiconductor independence and support for Huawei, while Nvidia faces uncertainty over up to $10 billion in potential H200 sales to China. China is reportedly preparing an approval mechanism for H200 purchases as it considers large incentives for its domestic chip sector, highlighting its drive to reduce reliance on foreign technology.