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.
The size of the stockpile of H200 chips, which has not previously been reported, reflects Beijing’s reluctance to increase reliance on US technology. At the same time, Chinese companies need Nvidia’s advanced computing power to meet surging AI demand in the world’s second-largest economy.
