NVIDIA has benefited tremendously from the AI hype, generating revenue figures not yet seen in the industry. A report claims that NVIDIA's cut-down AI GPUs in China are now sold at astonishing prices, reaching as high as 500,000 yuan/ US $69,000. NVIDIA Seems to Be Creating a Monopoly Over the AI Industry, GPU Demand & Prices Increasing Day-by-Day The rapid increase in the demand for AI GPUs, such as the H800, has caused a shortage in Chinese markets, which has resulted in large-scale inflation. The need for AI GPUs has been at an all-time high in China since companies like…