• 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

Sam Bankman-Fried Withdraws His Request for a New Trial

chest

Sam Bankman-Fried has officially withdrawn his request for a new trial, believing he would not receive a fair hearing.

user avatarTomas Novak

Polymarket Traders Cash In on Temperature Spikes in Paris

chest

Traders on Polymarket made significant profits from unusual temperature spikes reported by Météo France, leading to a police complaint.

user avatarKaterina Papadopoulou

Regulatory Scrutiny Intensifies for Prediction Markets After Polymarket Incident

chest

The recent betting incident involving Polymarket has raised significant concerns regarding the integrity of prediction markets, prompting bipartisan US senators to introduce legislation aimed at banning such platforms from offering sports-related wagers.

user avatarMaya Lundqvist

Tether Freezes $344 Million in USDT in Coordination with US Authorities

chest

Tether has frozen over $344 million in USDT across two Tron addresses as part of a compliance action with US authorities.

user avatarLeo van der Veen

Surveillance Accountability Act Introduced to Protect Digital Privacy

chest

The Surveillance Accountability Act was introduced to require federal agencies to obtain a warrant based on probable cause before accessing Americans' digital records.

user avatarLi Weicheng

Uzbekistan Launches New Crypto Mining Zone to Boost Economy

chest

Uzbekistan has launched a new state-sanctioned crypto mining zone in Karakalpakstan to attract foreign investment and stimulate economic activity.

user avatarAisha Farooq

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.