TECH - Despite Restrictions Nvidia Chips Are Still Reaching China: WSJ | Benzinga
Nvidia Corp (NASDAQ:NVDA) is facing scrutiny as reports emerge of its advanced AI chips being smuggled into China despite U.S. export restrictions.
The underground market, driven by strong demand for these powerful chips, highlights the ongoing tech rivalry between the U.S. and China.
More than 70 distributors are openly advertising what they claim to be Nvidia’s restricted chips online, with many verified sellers confirming steady supplies, the Wall Street Journal reports.
Many sellers take preorders and promise delivery within weeks, indicating a robust supply chain.
Some even offer entire servers equipped with high-end Nvidia chips, costing up to $300,000. This network caters primarily to AI startups and research institutions in China, the WSJ report added.
Nvidia does ...