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NOTABLEForums2026-11-06 03:00

Around 600,000 Nvidia H200 Chips Stuck in Hong Kong Awaiting Transfer to Mainland China

Citing sources, Reuters reports that around 600,000 Nvidia H200 AI chips are sitting in Hong Kong awaiting shipment to mainland China, as Beijing has yet to approve large-scale imports despite strong demand from domestic tech firms. With official channels restricted, Chinese buyers have turned to intermediaries, pushing the unofficial price of an eight-GPU H200 server above 6 million yuan by the end of October, roughly triple its price a year earlier. It matters because the stockpile shows how export controls are reshaping China's AI hardware supply into a costly grey market, even as each major internet company has received only about 10,000 chips through approved channels in recent months.

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