About 600,000 Nvidia H200 AI chips are logjammed in Hong Kong awaiting official approval for entry into China, Reuters reports, sending H200 AI server prices skyrocketing as AI firms clamor for computing power: An eight-card H200 server fetched 6 million yuan (US$900,000) in China at end-October, about 3x its price a year earlier. Recently, several China cloud giants have won approval for about 10,000 H200s each. $NVDA $BIDU $BABA $THECY #semiconductors https://www.businesstimes.com.sg/companies-markets/nvidia-chips-pile-hong-kong-china-withholds-import-approval