600,000 Nvidia H200 Chips Stalled in Hong Kong Amid China Import Delays
Key Facts
Approximately 600,000 Nvidia H200 chips are reportedly stuck in Hong Kong awaiting Chinese import approvals. Benzinga reported that this bottleneck has driven AI server prices in China to nearly $1 million each due to the severe supply crunch. According to the report, Chinese regulatory authorities have shifted their stance from massive ordering to actively blocking chip shipments.
NVDA closed at $200.13 on November 4, 2026, as the company faces these supply chain hurdles in a key market. On the same date, peer stocks showed mixed performance, with AMD closing at $488.78 and TSM at $395.75. These developments follow recent Chinese economic data showing a cooling services sector, with the Services PMI recording 50.8 on November 4, 2026.
The market is awaiting the release of China's Balance of Trade and annual Import/Export data on November 10, 2026. These figures may provide further clarity on the trade impact of current regulatory hurdles regarding high-tech shipments into the country.