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On November 5, Reuters reported, citing people familiar with the matter, that about 600,000 NVIDIA H200 chips are being stored in Hong Kong awaiting shipment to mainland China because Beijing has not approved large-scale imports. The report said that in recent months China has allowed some H200 units to enter, with several major internet companies each receiving about 10,000 units. The report also mentioned that in late October 2026, an eight-card H200 server in mainland China was quoted at more than 6 million yuan, about three times the price a year earlier; NVIDIA disclosed in its quarterly report for the period ended July 26, 2026, that it had recorded a $400 million charge for excess H200 inventory due to declining demand. There have been no further developments so far.
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About 600,000 NVIDIA H200 chips stranded in Hong Kong due to Beijing import approval delaysDevelopments
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Nov 6
Unite.AI
About 600,000 NVIDIA H200 chips stranded in Hong Kong due to Beijing import approval delays
Reuters, citing people familiar with the matter on November 5, reported that about 600,000 NVIDIA H200 chips are being stored in Hong Kong awaiting shipment to mainland China because Beijing has not approved large-scale imports. In recent months, China has allowed some H200s to enter the country, with several major internet companies each receiving about 10,000 chips. The report noted that in late October 2026, an eight-GPU H200 server in mainland China was quoted at more than 6 million yuan, about three times the price a year earlier; NVIDIA disclosed in its quarterly report for the period ended July 26, 2026, that it took a $400 million charge for excess H200 inventory due to declining demand.
cnBeta
About 600,000 Nvidia H200 chips stranded in Hong Kong; China has not yet approved large-scale imports
People familiar with the matter said about 600,000 Nvidia H200 chips are stranded in Hong Kong, and Chinese authorities have not yet approved large-scale imports. Recently, several large Chinese internet companies each obtained about 10,000 H200 chips, and some chips entered the Chinese market through middlemen and indirect channels. As of the end of October, a server equipped with 8 H200 chips was quoted at more than 6 million yuan in the Chinese market, about three times the price a year earlier.