Nvidia H200 chips pile up in Hong Kong as Beijing holds back, Reuters says

Reuters, as relayed by The Next Web, reports that about 600,000 Nvidia H200 chips are sitting in Hong Kong because Beijing has not approved large-scale imports. It cites two unnamed sources, and the figures could not be independently verified. Beijing reportedly prefers Chinese-made chips, especially for inference, and total approvals could stay under 200,000. For builders, the report points to policy risk on both sides of the border: a licensed product can still go unsold, and gray-market H200 server prices have reportedly tripled.