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Prices for some Nvidia servers in China have doubled to nearly $1 million due to a crackdown on chip smuggling that has dried up black market supplies. This surge reflects soaring demand for top semiconductors like the B300 amid U.S. restrictions on shipments. Chinese tech firms are turning to Huawei chips as an alternative.
SemaforPrices for some Nvidia servers in China have doubled to nearly $1 million as a crackdown on chip smuggling has dried up black market supplies, Semafor reported. The development comes amid a rush to secure access to top semiconductors in China during the ongoing supply crunch.
Demand for the B300 semiconductor is soaring in China, underscoring the impact of Washington’s restrictions on semiconductor shipments to the country’s tech industry.
Some of China’s biggest tech firms are scrambling for Huawei chips as an alternative. Nvidia’s CEO argued that China’s abundant green energy means AI firms could get by with just using more low-efficiency chips.
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