Reuters: 600,000 Nvidia H200 chips stuck in Hong Kong; 8-GPU server hits $900K on gray market

teortaxesTex · x · 2026-11-06

Reuters reports exclusively that about 600,000 Nvidia H200 AI chips are stuck in Hong Kong as Beijing withholds approval for large-scale imports into China, even as Chinese tech giants need more compute.

Price signal: an 8-chip H200 server now costs over $900,000 on China's unofficial market, roughly triple its price a year ago.

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