GPUs, used for graphics and increasingly for AI compute, reversed course after an 11-trading-day rally that was sparked by overseas shutdown rumours. Since Oct. 28, prices have fallen sharply: the RTX 5080 slid from nearly 20,000 yuan to about 16,000 yuan, a roughly 20% drop. Vendors say distributors and retailers had pre-stocked inventory, amplifying price swings and producing significant intra-day volatility. Despite the correction, average retail prices for the RTX 50 series remain about 1.7x

GPUs, used for graphics and increasingly for AI compute, reversed course after an 11-trading-day rally that was sparked by overseas shutdown rumours. Since Oct. 28, prices have fallen sharply: the RTX 5080 slid from nearly 20,000 yuan to about 16,000 yuan, a roughly 20% drop. Vendors say distributors and retailers had pre-stocked inventory, amplifying price swings and producing significant intra-day volatility. Despite the correction, average retail prices for the RTX 50 series remain about 1.7x MSRP, leaving earlier gains largely intact. Huaqiangbei price moves have drawn overseas buyers; visits and cross-border procurement for GPUs and memory have intensified, with one merchant saying foreign customers made up over 50% of October sales.