NVIDIA AI Chips in China's Black Market Soar Amid US Regulations, Resembling a Seafood Market
The US regulations on NVIDIA's AI chips have not hindered their trade in China. Platforms like Douyin and Xiaohongshu are overflowing with these chips, resembling a seafood market.
It is estimated that in the three months following the expansion of restrictions by the Trump administration this year, the black market for NVIDIA chips in China has seen transactions surge by at least $1 billion, reflecting strong demand.
