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NVIDIA GPUs Double Price Illegally in China
29 Jun
Summary
- NVIDIA AI chips banned from China have doubled in price.
- A high-end NVIDIA server now costs over $1.1 million in China.
- Chinese AI startups rely on black markets for GPUs.
NVIDIA Corporation's advanced AI chips, currently prohibited from export to China under US regulations, have experienced a dramatic price increase on the country's black market. Reports indicate these chips have more than doubled in value over the last six months, a consequence of intensified American enforcement actions curtailing illegal supply channels.
The Financial Times highlighted a substantial price jump for NVIDIA's DGX B300 server, a system equipped with eight Blackwell GPUs. This unit's black market price in China has climbed to over 8 million yuan, approximately $1.1 million, a stark contrast to its price six months prior at 4 million yuan and its US retail cost of around $400,000.
Additionally, the RTX 6000 Pro workstation chip, crucial for Chinese AI startups training large language models, has seen its price escalate from about 50,000 yuan at the start of 2026 to as much as 130,000 yuan. This price explosion on the black market directly reflects constrained supply dynamics, as Chinese tech firms and AI startups, denied legal access, depend on illicit routes for necessary computing power. Despite US restrictions, demand for these chips in China remains robust, and has reportedly intensified.
