News Summary

At least $1 billion worth of Nvidia’s advanced AI chips were smuggled into China in the three months following the imposition of stricter export controls by the Trump administration. These chips, including the widely sought-after B200 model, were sold by Chinese distributors to suppliers of data centers serving Chinese AI groups. This activity highlights the limitations of U.S. efforts to restrict the sale of high-tech components to China. Despite the bans, Chinese buyers managed to acquire these chips through a burgeoning black market. Nvidia maintains that there is no evidence of its involvement in the unauthorized sales. Recently, Nvidia announced that the Trump administration would allow the sale of its China-specific H20 chip, which was initially tailored to comply with Biden-era curbs.