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Nvidia chips worth $1bn entered China despite export controls
Financial Express Ahmedabad
|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 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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