TLDR
- NVDA climbs as banned Nvidia AI chips double in China black market prices now
- Nvidia DGX B300 servers hit $1.1M as China supply routes tighten across China
- US export curbs push restricted Nvidia hardware prices sharply higher in China
- China AI firms keep demand strong despite limited access to Nvidia chips today
- NVDA holds intraday gains while chip scarcity drives China price surge today
NVDA traded at $194.82, up 1.19%, as banned Nvidia chips drew renewed attention in China. Reports of sharp black market pricing added fresh context to the stock’s intraday strength. The rise also showed how restricted supply can affect demand for advanced computing hardware across China’s constrained technology market.
NVDA Price Holds Above Intraday Support
NVDA moved higher during the session, and buyers pushed the stock near the $195 resistance level. The stock recovered from earlier weakness, while the chart showed firm demand above short-term support. A late drop pulled the price back toward the $192.79 to $193 area.
The intraday move kept NVDA positive, even after the sharp decline near 4:00 PM. The rebound from the morning lows showed steady buying before the afternoon pullback. Still, the final range showed consolidation after earlier momentum faded.
The price action gave the stock a stronger intraday tone for the session. Yet the chart also showed resistance near $195 and support near the low $193 area. The session reflected gains, a pullback, and a narrow trading range.
Black Market Prices Surge in China
Financial Times reported on June 24 that the ban on Nvidia AI chips doubled in China’s black market. The report tied the price rise to stronger American enforcement and blocked supply channels. Chinese buyers paid much higher prices for restricted Nvidia systems and related hardware.
The DGX B300 server recorded the largest price increase in the report. The system carries eight Blackwell GPUs and supports heavy artificial intelligence workloads. Its black market price rose above 8 million yuan, or about $1.1 million.
The same system retails in the United States for about $400,000. Six months earlier, pricing in China stood near 4 million yuan. Restricted access created a wide gap between legal pricing and black market pricing.
Export Controls Shape Supply Routes
The RTX 6000 Pro also posted a steep price increase in China. Its price rose from about 50,000 yuan in early 2026 to as much as 130,000 yuan. Chinese startups use the workstation chip to run large language models and other computing workloads.
United States export controls restrict several advanced Nvidia chips from legal shipment to China. Chinese technology firms still need high-end computing systems for development and training. Because legal access remains limited, some buyers use grey and black market routes.
NVIDIA designs graphics processors, networking products, and computing platforms for global data centers. Its hardware supports model training, data processing, and deployment for large technology customers. Export limits have tightened supply, while demand for restricted Nvidia chips remains strong.
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