Business Brief (July 31): GPU Prices Spike as AI Demand Strains Supply
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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.
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The European Union issued a preliminary anti-dumping ruling against sodium benzoate originating from China.
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