600,000 Nvidia H200 Chips Wait in Hong Kong for Beijing’s Approval
About 600,000 Nvidia H200 accelerators are reported to be sitting in Hong Kong awaiting shipment into the mainland because Beijing has not issued an import approval, even though Washington now permits sales to approved Chinese buyers. The bottleneck has therefore changed sides, which is the counterintuitive part: the policy lever sits with the government that asked for the chips. For Nvidia the issue is revenue timing; for buyers it is whether approved capacity arrives before domestic alternatives close the gap.
