600,000 Nvidia H200 Chips Stranded in Hong Kong as Beijing Weighs Strategic Trade-Off

Foreign media report that about 600,000 Nvidia H200 chips are being stored in Hong Kong awaiting Beijing's approval for import, with only a small quantity having entered the mainland. The central government is regulating total import volumes through the pace of approvals, weighing short-term computing power needs against long-term technological self-reliance, and creating market space for domestic chips. Depreciation, storage and capital tie-up costs while the chips are stored in Hong Kong are borne mainly by mainland enterprises.