US export ban drives prices of Nvidia’s latest GPUs sky high in China • The Register
Written by Black Hot Fire Network on June 26, 2023
AI in brief Nvidia's second-generation A100 GPUs, currently the subject of export controls that mean they're not for sale in China, can fetch up to $20,000 in black markets - double the regular price.
Last year, the Department of Commerce blocked top US hardware companies, including Nvidia and AMD, from selling their most advanced chips to China and Russia in a bid to harm the countries' technological prowess. Under the new rules, Nvidia was prohibited from exporting its A100 and H100 GPUs.
