Graphics processing unit (GPU) prices have spiked by 1,000 yuan ($148) in a single day in China, driving up the cost of custom-built computers, according to state media.
The surge is driven by a global memory-chip shortage fueled by exploding AI computing demand and Nvidia’s latest price hikes.
NEWS SUMMARY
The European Union issued a preliminary anti-dumping ruling against sodium benzoate originating from China.
China’s foreign ministry denied reports that the country provided missiles to Iran, calling the claims groundless.
China’s defense ministry criticized Japan’s nuclear ambitions, stating that challenges to red lines will not be tolerated.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
