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Smugglers Channel $1 Billion Worth of Nvidia AI Chips into China
CHINA, JUL 24 – Chinese distributors sold banned Nvidia AI chips worth $1 billion on a black market to support AI data centers amid U.S.-China technology tensions, Financial Times reported.
- Following April, Nvidia's advanced AI chips worth $1 billion were smuggled to China, despite export curbs, as FT reported.
- Amid U.S.-China AI rivalry, Nvidia said it would resume sales to China after the Trump administration reversed export restrictions.
- High-End B200 processors are widely available on a black market, with distributors in Guangdong, Zhejiang and Anhui provinces and Southeast Asian countries facilitating sales.
- Building data centers with smuggled products is inefficient, Nvidia told Reuters, and Reuters could not independently verify the smuggling report.
- The U.S. Commerce Department is discussing more AI export controls by September, even as Chinese distributors began supplying B200s to AI data centers in May.
42 Articles
42 Articles
After President Donald Trump’s administration tightened export controls on artificial intelligence chips (AI), advanced Nvidia processors valued at at at least $1 billion, were smuggled into China, according to a report released Thursday by the Financial Times. Read more]]>
Despite the severe sanctions imposed by the United States, a black market estimated at thousands of dollars allowed NVIDIA's most advanced IA chips to reach China. This situation illustrates something...
Nvidia AI chips worth $1B smuggled to China after Trump export controls
At least $1 billion worth of Nvidia’s advanced artificial intelligence processors were shipped to China in the three months after Donald Trump tightened chip export controls, exposing the limits of Washington’s efforts to restrain Beijing’s high-tech ambitions. A Financial Times analysis of dozens of sales contracts, company filings, and multiple people with direct knowledge of the deals reveals that Nvidia’s B200 has become the most sought-afte…
$1B worth of cutting-edge AI chips from NVIDIA sold on China's black market: Report
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