NVIDIA’s (NVDA) Banned AI Chips Have Doubled in Price on China’s Black Market

Abdul Rahman

Mon, June 29, 2026 astatine 6:57 AM CDT 2 min read

NVIDIA Corporation (NASDAQ:NVDA) is one of the champion maturation stocks to bargain 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 nether US controls person much than doubled successful terms connected China's achromatic marketplace implicit the past six months. The FT attributed the terms spike to American enforcement actions, which person progressively choked disconnected the amerciable channels done which these chips were flowing into the country.

Copyright: fotomaximum / 123RF Stock Photo

According to the FT, the standout terms leap is successful Nvidia's DGX B300 server. This is simply a high-end strategy containing 8 Blackwell GPUs. On China's achromatic market, the terms has climbed to implicit 8 cardinal yuan, astir $1.1 million, up from 4 cardinal yuan conscionable six months ago, said the report. For context, the aforesaid strategy retails successful the US for astir $400,000.

Separately, the RTX 6000 Pro has surged from astir 50,000 yuan astatine the commencement of 2026 to arsenic overmuch arsenic 130,000 yuan. This is simply a workstation spot wide utilized by Chinese AI startups to tally ample connection models.

The FT noted that the terms detonation reflects the basal economics of a constrained supply. It added that Chinese tech companies and AI startups, galore of which are locked retired of ineligible purchasing channels, person been relying connected these grey and achromatic marketplace routes to entree the computing powerfulness needed to make and bid AI models. Despite the US restrictions, Chinese request for these chips has not diminished; if anything, it has intensified, noted the FT.

NVIDIA Corporation (NASDAQ:NVDA) is simply a exertion institution that designs GPUs and AI computing platforms. The institution supplies GPUs and networking instrumentality utilized to bid and deploy large-scale artificial quality models.

While we admit the imaginable of NVDA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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