Overview
- Nvidia has requested additional H200 production from TSMC, with new work expected to start in the second quarter of 2026.
- Chinese tech companies have placed orders exceeding 2 million H200 units for 2026, compared with roughly 700,000 chips now in Nvidia’s stock.
- Washington’s recent policy shift allows licensed H200 sales to approved buyers in China subject to a 25% fee, while Beijing has not yet granted import clearance.
- Nvidia has set indicative China pricing near $27,000 per chip, with eight‑GPU systems around 1.5 million yuan, and plans to ship initial units from existing inventory before the Lunar New Year.
- Industry reports highlight capacity and advanced packaging bottlenecks, including CoWoS, raising the risk of tighter global AI‑chip availability as Nvidia allocates supply across markets.