Nvidia Addresses AI Chip Smuggling, Says Bootleg Data Centers Are a ‘Losing Proposition'
CHINA, JUL 24 – The U.S. government issued licenses allowing Nvidia to resume chip sales in China, reversing prior restrictions that caused a $4.5 billion charge for unfulfilled orders.
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Nvidia addresses AI chip smuggling, says bootleg data centers are a ‘losing proposition'
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 chips are flowing to China again -- what that means for AI adoption trends
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. Nvidia (NASDAQ: NVDA) has had an almost unreal ascent over the past few years. It crossed the $1 trillion market cap threshold in 2023 and became the fifth-largest company in the world. And it has skipped over the front-runners in two years, increasing by 329%, to become the most valuable company in the world, as well as the first to reac…
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