The U.S. government is reportedly preparing to let Nvidia ship its H200 accelerators to China, a move that could restore Nvidia’s influence in the Chinese AI market and reinforce CUDA’s dominance, but the question is if Beijing agrees to accept this hardware.
China could do both at the same time, though - buy foreign products as long as it makes sense and develop theirs. I’m sure they are and will be doing the later regardless nVidia.