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Nvidia chips worth $1bn entered China despite export controls

Financial Express Lucknow

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July 25, 2025

NVIDIA'S ADVANCED ARTIFICIAL intelligence chips worth at least $1 billion were smuggled to China in the three months after Washington tightened chip export controls, the Financial Times reported on Thursday.

- REUTERS JULY 24

REUTERS JULY 24 NVIDIA'S ADVANCED ARTIFICIAL intelligence chips worth at least $1 billion were smuggled to China in the three months after Washington tightened chip export controls, the Financial Times reported on Thursday.

The AI chip designer's high-end B200 processors, banned for sale in China, is widely available on a thriving Chinese black market for U.S. chips, the report said, citing sales contracts, company filings and multiple people with direct knowledge of the deals.

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