About 600,000 Nvidia H200 AI chips are stored in Hong Kong awaiting shipment to mainland China, as Beijing withholds approval for large-scale imports. Several Chinese internet companies have obtained about 10,000 chips each in recent months.
About 600,000 Nvidia H200 AI chips are stored in Hong Kong awaiting shipment to mainland China, two people familiar with the matter said. Beijing has yet to approve large-volume imports, although several major Chinese internet companies have each obtained about 10,000 H200 chips in recent months.
Small quantities have reached China through intermediaries and indirect routes, three people familiar with the matter said. An eight-card H200 server was offered in mainland China for more than 6 million yuan, or about $900,000, by the end of October—roughly three times its price a year earlier.
The H200 is not Nvidia’s newest AI processor, but the article says its capabilities and Nvidia’s software make it useful for training AI models. US export controls have restricted access to advanced Nvidia chips, while Beijing has also constrained H200 imports over concerns about reliance on US technology.
