• 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

a year 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

Tether Emerges as a Major Player in Global Gold Markets

chest

Tether has surpassed many central banks in gold purchases, raising eyebrows in both crypto and precious metals sectors.

user avatarLeo van der Veen

Spain's Sumar Group Proposes Stricter Crypto Tax Regulations

chest

Spain's Sumar parliamentary group proposed stricter tax regulations on cryptocurrencies, aiming to switch taxation from savings to general income base, potentially raising rates from 30% to 47%.

user avatarLi Weicheng

Jackie Chan Netflix Documentary Rumor Debunked by Changpeng Zhao

chest

A rumor claiming that Jackie Chan would star as Changpeng Zhao in a Netflix documentary has been debunked by Zhao, maintaining market stability.

user avatarAisha Farooq

Michael Green's Harsh Critique of Bitcoin: A Monopoly Game?

chest

Macro investor Michael Green critiques Bitcoin's design as economically brittle and socially corrosive, arguing it fails as a peer-to-peer payment system and reinforces economic inequality.

user avatarTenzin Dorje

Spoofing Attacks Target Monad Token Transfers

chest

Bad actors have begun spoofing token transfers on the Monad network less than two days after its official launch, misleading users with fake transactions.

user avatarBayarjavkhlan Ganbaatar

Stablecoin Transfer Volume Surpasses 50 Trillion

chest

Stablecoins have surpassed 50 trillion in annual transfer volume, highlighting their importance in the global financial system and decentralized finance.

user avatarMohamed Farouk

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.