Nvidia has Washington’s permission to sell advanced AI chips to China. That does not mean China is ready to take them. The US has approved export licenses allowing about 10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia’s H200 AI chips, according to Reuters. But the chips have not shipped yet, leaving one of the most closely watched AI trade deals caught between US security rules and Beijing’s distrust. The approvals mark one of the biggest openings for advanced AI chip sales to China since Washington tightened semiconductor export controls in recent years. But despite the approvals, not a single chip has been delivered so far, Reuters reported, citing sources familiar with the matter. Jensen Huang joins Trump’s Beijing Trip The stalled sales now hang over Nvidia CEO Jensen Huang as he joins President Donald Trump on a high-profile trip to Beijing for talks with Chinese President Xi Jinping.…