Over $1B in smuggled NVIDIA chips sold in China
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Last week, Nvidia CEO Jensen Huang said it would soon resume selling its H20 chips to China after a breakthrough with the Trump administration on regulations.
Nvidia has cautioned against using unauthorized chips in data centers. This follows reports of AI chip smuggling into China. Chinese firms are finding
Despite a U.S. export ban, Chinese firms are secretly repairing hundreds of smuggled Nvidia AI chips each month.
Nvidia Corporation gains access to China's $50B AI GPU market, boosting sales potential. Click for my updated look at NVDA stock and why I remain bullish.
Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.
Nvidia recently became the first company to reach a $4 trillion market valuation, driven by its near-monopoly in AI chip technology.
The Commerce Department allows Nvidia to sell H20 AI chips to China despite security concerns, and experts are divided on the U.S. technological advantage.
Nvidia CEO Jensen Huang is no stranger to Beijing, but his most recent visit, his third to China this year, cemented his rock star status in the country, where fans mingled freely with the AI titan on the streets of the capital.