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Approximately 600,000 NVIDIA H200 Units Stuck in Hong Kong Awaiting Approval

Reuters, citing informed sources, reported that approximately 600,000 NVIDIA H200 chips are backlogged in Hong Kong, awaiting shipment to mainland China as Beijing has yet to approve large-scale imports. In recent months, a few Chinese internet companies have each received around 10,000 units, with additional chips entering the market through intermediaries and indirect channels. While the H200 is not the latest model, its performance still surpasses domestic alternatives. By late October, an…

Approximately 600,000 NVIDIA H200 Chips Pile Up in Hong Kong Awaiting Approval

Reuters, citing informed sources, reported that around 600,000 NVIDIA H200 chips are stranded in Hong Kong, awaiting shipment to mainland China as Beijing has yet to approve large-scale imports. In recent months, a few Chinese internet companies have each received about 10,000 units, with a small additional quantity flowing in through intermediaries and indirect channels.

The H200 is not NVIDIA's latest model, but its performance still surpasses that of domestic alternatives. By late October, a mainland server equipped with eight H200 cards was quoted at over 6 million yuan, roughly three times its price a year ago.

Source: Reuters