Nvidia DGX B300 Server Hits $1.1M on China Black Market as Export Controls Drive AI Chip Prices to More Than Double

Black-market prices for Nvidia's AI chips in China have more than doubled amid the US export crackdown, with the flagship DGX B300 server now trading at approximately $1.1 million according to sources cited by the Financial Times. The price surge signals that sustained enterprise and state demand inside China for frontier compute has not been dampened by official restrictions, instead routing through gray-market channels at rapidly escalating premiums. The development comes as BIS enforcement scrutiny of Chinese AI-chip procurement intensifies and as China's domestic hyperscalers accelerate qualification of Huawei alternatives.