U.S. tech execs smuggled Nvidia chips to China, prosecutors say [CNBC]
NVIDIA Corporation (NVDA)
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Source: CNBC
The U.S. government has been trying to figure out how high-powered chips have reached China without authorization, as U.S. companies such as Anthropic and OpenAI face challenges from DeepSeek and other Chinese rivals. Nvidia's graphics processing units have been in demand across the world for training generative AI models. U.S. President Donald Trump initially sought to prevent China from obtaining the processors. But in December he said he told China's President Xi Pinging that the U.S. would permit Nvidia to ship H200 GPUs to China, “under conditions that allow for continued strong National Security.” Earlier this week Nvidia CEO Jensen Huang said the chipmaker is restarting manufacturing to fulfill H200 purchase orders from China. Last summer, Nvidia had received licenses to export the H20 chip to China, with Huang agreeing to provide the U.S. with 15% of its sales in China. This is breaking news. Please refresh for updates.
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- 3 men are charged with conspiring to smuggle US artificial intelligence to China [Yahoo! Finance Canada]Yahoo! Finance Canada
- Super Micro Co-Founder Arrested In Alleged $2.5 Billion Nvidia Chip Smuggling Scheme [zero hedge]zero hedge
- Who owns Nvidia? Top insiders & institutional investors [Yahoo! Finance]Yahoo! Finance
- U.S. prosecutors charge Super Micro Computer employees with smuggling Nvidia chips to China [MSNBC.com]MSNBC.com
- Nvidia's Huang Urges Tech Leaders to Avoid AI Fearmongering [Yahoo! Finance]Yahoo! Finance
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