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OriginalSourceSouth China Morning PostHong KongOwner: Alibaba GroupLeanCenterCredibilityPublished04:00 UTCRatings: AllSides, MBFCSourceSouth China Morning PostHong KongOwner: Alibaba GroupLeanCenterCredibilityPublished04:00 UTCRatings: AllSides, MBFC

“Chinese traders still confident of Nvidia GPU access amid Jensen Huang scandal”

“Prices for Nvidia graphics processing units (GPUs) are falling in China’s largest electronics market, as traders shrug off the frenzy of market speculation over tightening export controls in the wake of the US midterm elections and the Jensen Huang affair.”

GPU prices in Shenzhen fall as market shrugs off Huang affair

Key points

  • Prices for RTX 5090 fell from over 60,000 yuan to about 50,000 yuan.
  • RTX 5060 price drop from around 4,000 yuan to 3,400–3,700 yuan.
  • Traders say volatility is speculative and tied to demand and supply.
  • Bloomberg reported Nvidia tightened chip tracking to curb China-bound hardware.
  • Vendors dismiss personal matters around Jensen Huang as impacting prices.
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    5

    Records show PLA-linked Chinese university bought Nvidia H200 chips despite US blacklist.

    Northwestern Polytechnical University paid 874,700 yuan for two H200s for its management school and also rents Nvidia-powered servers.
    SourcesSouth China Morning Post04:00 UTCBloomberg04:54 UTCBangkok Post05:45 UTCThe Straits Times06:20 UTCThe Korea Times06:37 UTCThe Economic Times07:37 UTCHong Kong Free Press08:10 UTCQuartz13:30 UTCand 9 more