← Latest news 
Nvidia B300 server prices surge to one million in China as chip rules tighten
Business
Published on 30 April 2026
A rental market is turning AI hardware into gold
Nvidia’s B300 AI server has reportedly jumped to about $1 million each in China, driven by ravenous demand for AI compute and tighter chip import restrictions. With major Chinese firms scrambling for scarce hardware, a fast-growing rental market is emerging at unprecedented volumes. The result highlights how competition over advanced chips is becoming increasingly fierce and opportunistic.
- B300 servers reportedly sell for around $1 million in China
- Demand for AI compute remains the biggest price driver
- Tighter chip import rules are intensifying scarcity and urgency
- A surge in rentals shows hardware competition is getting cutthroat
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times