Overview
- Reuters-based reports say Chinese tech firms have ordered more than 2 million H200 GPUs for 2026.
- Nvidia holds about 700,000 H200 units in inventory and has asked TSMC to increase production starting in Q2 2026.
- The China-authorized H200 variants are reportedly priced near $27,000 per chip.
- Shipments depend on U.S. export licenses and Chinese import approval, with reporting noting a proposed 25% U.S. fee on authorized sales.
- Nvidia states licensed sales to China will not curtail U.S. supply, though customers have voiced concerns about fair allocation given tight capacity.