NVIDIA’s (NVDA) Banned AI Chips Have Doubled in Price on China’s Black Market
Key takeaways
- The FT attributed the price spike to American enforcement actions, which have progressively choked off the illegal channels through which these chips were flowing into the country.
- Copyright: fotomaximum / 123RF Stock Photo
- According to the FT, the standout price jump is in Nvidia's DGX B300 server.
NVIDIA’s (NVDA) Banned AI Chips Have Doubled in Price on China’s Black Market Abdul Rahman Mon, June 29, 2026 at 6:57 PM GMT+7 2 min read NVDA NVIDIA Corporation (NASDAQ:NVDA) is one of the best growth stocks to buy according to billionaire Dan Loeb. On June 24, the Financial Times reported that NVIDIA Corporation's (NASDAQ:NVDA) AI chips that are banned from export to China under US controls have more than doubled in price on China's black market over the past six months. The FT attributed the price spike to American enforcement actions, which have progressively choked off the illegal channels through which these chips were flowing into the country.
Copyright: fotomaximum / 123RF Stock Photo
According to the FT, the standout price jump is in Nvidia's DGX B300 server. This is a high-end system containing eight Blackwell GPUs. On China's black market, the price has climbed to over 8 million yuan, roughly $1.1 million, up from 4 million yuan just six months ago, said the report. For context, the same system retails in the US for around $400,000.