FT: ByteDance and Tencent Each Receive ~10,000 Nvidia H200 Chips, Beijing Directs Hong Kong Deployment

The Financial Times reports that ByteDance and Tencent each received about 10,000 Nvidia H200 processors in recent weeks, the first sizeable shipments to Chinese firms since Washington cleared each buyer to purchase up to 100,000 units. Beijing is steering the chips outside mainland China to protect domestic chipmakers, directing companies to house them in Hong Kong, which sits outside the mainland customs border. Additional Chinese tech groups are expected to line up similar-sized shipments soon.