Chinese companies plan to allocate 46% of their artificial intelligence accelerator budgets to domestic products over the next 12 months, up from 30% now, according to a Bloomberg Intelligence survey of 60 executives, underscoring a broader shift away from Nvidia as U.S.-China tensions and Beijing policy reshape AI infrastructure spending. At the same time, The Information reported that China will let top AI companies buy some Nvidia H200 chips, suggesting selected firms may retain limited access to advanced processors despite broader export restrictions. The survey also found 80% of respondents said infrastructure spending is over budget this year because AI projects are expensive, while China’s roughly 2 trillion yuan ($294 billion) five-year data-center buildout is expected to rely heavily on domestic suppliers. Bloomberg Intelligence said memory supply, especially high-bandwidth memory, could become the next bottleneck.