• 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

Hedera (HBAR) Breaks Above Descending Trendline, Signaling Potential Recovery

chest

Hedera's price has broken above a significant descending trendline, indicating a potential recovery in momentum.

user avatarSatoshi Nakamura

Concrete AI Incidents Highlight Insurance Industry's Fears

chest

Recent AI incidents highlight unpredictable risks in the insurance industry, including significant lawsuits and fraudulent activities that raise concerns among insurers.

user avatarRajesh Kumar

Major Insurers Reject AI Coverage Due to Unmanageable Risks

chest

Major insurers are rejecting AI coverage due to the unpredictable risks associated with AI systems.

user avatarJesper Sørensen

Former US Bancorp Team Launches VALT Bank NA Targeting Small Businesses

chest

A new digital bank, VALT Bank NA, is being established by former US Bancorp employees to cater to small and midsized businesses.

user avatarLucas Weissmann

Bitcoin Donations to WikiLeaks Cross 200 Million Mark

chest

Bitcoin donations for Julian Assange have surpassed 200 million, significantly aiding his legal defense and highlighting the cryptocurrency's role in supporting free speech.

user avatarFilippo Romano

Bitcoin's Slide Raises Pressure on Crypto Treasury Companies

chest

Bitcoin's recent decline to a seven-month low raises concerns for companies managing crypto treasuries, as prices approach critical levels.

user avatarEmily Carter

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.