Overview
- Industry sources say Nvidia B300 servers now change hands near 7 million yuan in China, roughly double late last year.
- Supply tightened after the gray market came under pressure following March's prosecution of Supermicro co-founder Yih-Shyan "Wally" Liaw, with uncertainty over H200 exports adding strain.
- Nvidia said the B300 is restricted for sale in China and that it will not service or support systems obtained through unlawful diversion.
- Chinese tech firms are turning to rentals priced up to 190,000 yuan per month as many avoid putting restricted hardware on their books for fear of U.S. sanctions.
- Morgan Stanley says Chinese models produced 32% of global tokens in March 2026, boosting demand as Huawei and other local chipmakers try to win buyers shut out of Nvidia gear.