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Global GPU Shortage Deepens as China Buys 1 Million Nvidia Chips, Prices Surge 60%

Key developments: Chinese tech firms have purchased over one million Nvidia gaming and workstation GPUs this year, turning to chips not originally intended for AI workloads. At the same time, the cost to rent H100‑class AI compute has…

Global GPU Shortage Deepens as China Buys 1 Million Nvidia Chips and Rental Prices Jump 60%

Key developments: Chinese technology firms have purchased over 1 million Nvidia gaming and workstation GPUs this year, many of which are unsanctioned and lower‑performance parts that are nonetheless plentiful. At the same time, the cost to rent Nvidia H100…