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Nvidia chip prices soar in Asia on U.S. curbs and AI boom

Feb 01, 2024 - asia.nikkei.com
The Nvidia RTX 4090 graphics card has become a sought-after commodity in Asia, particularly in Hong Kong and China, causing gamers to struggle to find it in stores. In Taiwan's largest electronics market, Guanghua Digital Plaza, purchasing agents have been buying up these premium chips in large quantities, leaving shelves empty.

This surge in demand has led to these agents paying millions of New Taiwan dollars for the graphics cards. The situation is part of the latest export controls that are impacting gamers, who are feeling the pinch as graphics cards become harder to acquire.

Key takeaways:

  • There is a high demand for Nvidia's RTX 4090 graphics cards in Asia, particularly in Hong Kong and China.
  • Purchasing agents are buying these graphics cards in bulk, leaving stores out of stock.
  • Buyers are paying millions of New Taiwan dollars for these graphics cards.
  • The high demand for these graphics cards is due to the latest export controls.
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