Recent reports suggest one big reason US President Donald Trump has allowed exports of Nvidia’s H200 AI chips to China is Huawei’s rapid rise in AI computing. Bloomberg cites multiple sources, stating that after White House officials reviewed Huawei’s Ascend series chips and its CloudMatrix 384 AI-native cloud infrastructure platform, they concluded that Huawei’s overall performance is now approaching Nvidia’s advanced Blackwell-based NVL72 platform. This significantly reduces the need for a total ban on AI chip exports to China.