• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nvidia AI Chips Becoming Cheaper in China

user avatar

by Giorgi Kostiuk

2 years ago


  1. Availability of Nvidia Chips on the Market
  2. Prices on Chinese and American Markets
  3. Nvidia's Control

  4. Nvidia AI chips are cheaper to rent in China than in the USA, due to steady supplies from small cloud vendors.

    Availability of Nvidia Chips on the Market

    The US decision to restrict the sale of Nvidia processors to China in 2022 did not completely stop the flow of processors into the country. Small traders from Hong Kong, Japan, and other nearby countries continue to purchase chips from the US and smuggle them into China.

    Prices on Chinese and American Markets

    According to the Financial Times, Chinese startups charge about $6 an hour for access to a server with eight Nvidia A100 processors while the same service costs $10 in the US. Most of these chips enter China through the black market and are advertised on social media and platforms like Xiaohongshu and Taobao at a much smaller markup than abroad.

    Nvidia's Control

    Nvidia claims it controls its distributions through a network of authorized partners who comply with US export restrictions. The company states it takes action if violations are found.

    Although we cannot track products after they are sold, if we determine that any customer is violating US export controls, we will take appropriate action.Nvidia

    The availability of Nvidia AI chips on the black market in China enables lower rental prices for servers with such processors compared to American competitors. This shows that US restrictions have not fully halted chip supplies to China.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Shows Signs of Weakness Despite Positive Sentiment

chest

Market shows signs of weakness despite positive sentiment in the crypto derivatives market.

user avatarKaterina Papadopoulou

Crypto expert forecasts optimistic outlook for Dogecoin.

chest

A crypto analyst, Crypto Patel, predicts a bullish future for Dogecoin, suggesting a potential rally towards $2 based on historical market patterns.

user avatarMaya Lundqvist

Other Crypto-Related Stocks Suffer Losses

chest

Other crypto-related stocks experienced significant losses in recent trading sessions, with BitMine and Sharplink falling 46.2% and 61.4%, respectively.

user avatarLeo van der Veen

Binance Being Examined for Possible Breaches of Sanctions.

chest

Senator Richard Blumenthal has raised concerns about Binance's potential involvement in facilitating violations of US and international sanctions related to Iran.

user avatarLi Weicheng

US Treasury Targets Iranian Crypto Exchanges with New Sanctions

chest

The US Treasury has announced new sanctions targeting Iranian crypto exchanges, including Nobitex, to combat the regime's use of digital assets for evading international restrictions.

user avatarAisha Farooq

Democrats Raise Alarm Over DOL's Crypto Investment Proposal for 401k Plans

chest

Democratic lawmakers raise concerns over a DOL proposal allowing 401k investments in cryptocurrencies, warning it could risk $142 trillion in retirement savings.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.