Published • loading... • Updated
Nvidia chips pile up in Hong Kong as China withholds import approval
Beijing has held up large-scale imports as Chinese buyers turn to intermediaries and prices for an H200 server have tripled, Reuters reported.
- About 600,000 of Nvidia's advanced artificial intelligence H200 chips are stored in Hong Kong awaiting shipment to mainland China, as Beijing withholds approval for large-scale imports despite demand from technology firms.
- The United States barred H200 exports to China under export controls since 2022, though President Donald Trump's administration later permitted limited sales; Beijing imposed its own constraints citing technology dependence concerns.
- With authorized supply constrained, prices surged in unofficial markets; an eight-card H200 server sold for more than 6 million yuan in China by late October, roughly triple its price a year earlier.
- Beijing reportedly wants firms including Alibaba, ByteDance, Tencent, and DeepSeek to prioritize Chinese processors for inference tasks, while total approvals for foreign chips could amount to fewer than 200,000 units.
- While not Nvidia's newest processor, the H200 remains useful for training AI models; major Chinese companies ordered over 3 million Nvidia RTX Pro graphics cards valued at over $35 billion last month.
Insights by Ground AI
4 Articles
4 Articles
EXCLUSIVE: Nvidia chips pile up in Hong Kong as China withholds import approval
About 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people familiar with the matter said, as Beijing withholds approval for large-scale imports despite demand from technology firms.
·London, United Kingdom
Read Full Article
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
Factuality
To view factuality data please Upgrade to Premium
