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Nvidia Halves Asia Buyer List in China Chip Crackdown, FT Reports
Nvidia built a private buyer list as U.S. rules require licenses for advanced chips going to firms tied to China or Macau.
- On Tuesday, Nvidia reportedly halved its list of approved Asian customers for advanced AI chips, implementing stricter due diligence in Singapore, Malaysia, and Japan to combat unauthorized diversions.
- Mounting pressure from U.S. export enforcement prompted the move, following a March case where prosecutors alleged a Supermicro co-founder orchestrated a roughly $2.5bn scheme to route Nvidia chips into China.
- Adhering to the Commerce Department's May 31 guidance, Nvidia now mandates vetting for entities with ultimate parents in China or Macau, effectively outsourcing compliance to a private white list.
- Under Secretary of Commerce for Industry and Security Jeffrey Kessler told Congress on Tuesday that shipments of H200 chips to China remain "very few," despite approvals for approximately 10 Chinese firms.
- While China pursues domestic alternatives like Huawei, Nvidia's primary growth remains driven by global hyperscalers investing in AI infrastructure, offsetting the roughly 20% of revenue lost to export restrictions.
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Nvidia’s China Comeback Finally Begins — But Here’s Why Investors Should Keep Expectations in Check
China just reopened its doors to Nvidia's most advanced AI chips, and Wall Street is buzzing. But the real question is whether this long-awaited comeback actually changes anything for a company that already rewrote its growth story without China.
·Lakewood, United States
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A unit of the manufacturer of ZTE telecommunications equipment and two other Chinese companies are among the most recent to receive approval from the United States to acquire advanced artificial intelligence chips from Nvidia and Advanced Micro Devices (AMD), according to documents and two sources familiar with the subject. Nvidia's H200 chip, one of the most powerful in the market and used to train and execute large AI models, has become a cent…
·Rio de Janeiro, Brazil
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Total News Sources28
Leaning Left3Leaning Right5Center6Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 21%
C 43%
R 36%
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