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. The US chip giant’s top-of-the-range GeForce RTX 5090 graphics card surged in price last month at Shenzhen’s Huaqiangbei market, but that was…
Prices for Nvidia GPUs are falling in China's largest electronics market, as traders dismiss speculation over tightened export controls following the US midterm elections and the Jensen Huang affair. The high-end GeForce RTX 5090 saw its price surge last month at Shenzhen's Huaqiangbei market, but it declined after Nvidia denied production halts.
The RTX 5060's price also dropped from around 4,000 yuan to 3,400-3,700 yuan. Traders attribute the volatility to speculation and earlier stockpiling. They dismiss the impact of the CEO's personal issues on market prices, emphasizing that supply and demand are the key factors.
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