600,000 Nvidia H200 Chips Stranded in Hong Kong Awaiting China Import Approval

Cointime reports: About 600,000 Nvidia H200 AI chips are being held in Hong Kong awaiting shipment to mainland China, which has not approved large-scale imports of the chips, two people familiar with the matter said. China has allowed some H200s in recent months, with several major internet companies each receiving about 10,000 units. As of late October, a server with eight H200 chips was quoted at over 6 million yuan in the mainland, roughly three times the price a year earlier.