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VisitNvidia’s AI Chips 40% Cheaper to Rent in China Than US
Sep 6, 2024, 04:37 AM
Nvidia’s AI chips, including the A100 and H100 models, are reportedly cheaper to rent in China than in the US. Despite strict US export bans, these advanced processors are easily reaching the Chinese market. Chinese cloud providers are offering these chips at prices 40% lower than in the US, charging local tech groups around $6 an hour to use a server equipped with Nvidia’s AI chips. This supply glut raises concerns over Nvidia’s supply chain control and compliance, potentially impacting the company's stock.
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Markets
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Official Nvidia announcements, reputable news sources
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Official Nvidia earnings report, financial news outlets