中国对英伟达 $NVDA H200 的需求远超供应，促使英伟达与台积电 $TSM 洽谈扩大 2026 年的产能。

China demand for $NVDA H200 is so strong that Nvidia is already asking $TSM to expand 2026 production to 2M+ chips which is well above the ~700K units currently on hand.

Production could ramp as early as Q2 2026 with China pricing rumored ~$27K per chip. pic.twitter.com/FYIJRjfTP8

— Shay Boloor (@StockSavvyShay) December 31, 2025

Nvidia is facing an unprecedented surge in demand for its H200 chips from Chinese companies that has completely outpaced its inventory.

Chinese tech firms have ordered more than 2 million H200 chips for 2026 but Nvidia currently has only 700,000 units in stock.

This shortage… *****NWg8gM1Uyk pic.twitter.com/1Uxb9AGhYw

— Milk Road AI (@MilkRoadAI) December 31, 2025