Nvidia AI chip prices double in China amid US export crackdown
- Source
- Financial Times
- Time
- 4:02 AM
- Weight
- 94/100
Prices for Nvidia’s high-performance artificial intelligence chips have reportedly doubled on the Chinese black market as U.S. export restrictions continue to tighten. Despite official bans intended to limit China's access to advanced semiconductor technology, a thriving underground trade has emerged to meet the intense demand from domestic tech firms and research institutions.
The significant price surge reflects the increasing difficulty Chinese organizations face in securing the hardware necessary to train and deploy large-scale AI models. With official supply channels severed by Washington's regulatory measures, buyers are increasingly turning to unauthorized intermediaries who command a premium for bypassing international trade controls.