About 600,000 Nvidia chips await approval in Hong Kong

Roughly 600,000 Nvidia chips are in Hong Kong awaiting approval to enter China. The reports describe tension between Chinese demand for computing capacity and Beijing’s efforts to limit reliance on foreign chips; one also details limited past imports and rising prices.

• Roughly 600,000 Nvidia chips are reportedly in Hong Kong awaiting Chinese approval for entry.· 2 sources
• One report identifies the chips as H200s and says smaller quantities have entered China, while bulk imports remain unapproved.· 1 source
• The reports describe Chinese firms’ demand for computing capacity alongside Beijing’s push to rely less on foreign technology.· 2 sources
• The detailed report says unofficial-market prices have risen; it gives an end-of-October price of more than 6 million yuan for an eight-card H200 server.· 1 source
• A Semafor report also notes that Republican lawmakers asked Nvidia CEO Jensen Huang to brief them about alleged ties to a Chinese businesswoman accused of providing intelligence to Beijing.· 1 source