Re:NVIDIA Announces CEO Transition
by DeekSeethe on Friday November 13, 2026 @10:23AM
(#50484885)
China has banned Nvidia chips, there is 600K Nvidia chips sitting collecting dust in Hong Kong warehouse as we speak. This isn't about Nvidia chips to China as China doesn't import any, much less smuggling wise.
Re:NVIDIA Announces CEO Transition
by HarHarVeryFunny on Friday November 13, 2026 @10:52AM
(#50485307)
The Chinese government would strategically prefer companies were not using Nvidia chips, since not doing so accelerates the domestic alternative. All that is officially allowed from Nvidia, on a case by case approval basis, are older Hopper-generation H200 chips, and these are what the Chinese government are themselves blocking.
The Chinese AI companies themselves are constrained by the supply of the domestic alternative (primarily Huawei's Ascend series), as well as domestic HBM supply, and appear happy to use whatever they can get their hands on, the faster the better (Megaspeed have been buying newer Blackwell chips), or have API access to.
The more serious side of this is that NVidia, and specifically (but hardly only) Jensen have been knowingly supplying Megaspeed (and probably many more) Chinese proxy companies with GPUs, presumably well aware that the final customer was China in one form or another, which would be a felony if proved.
The US Commerce dept, and FBI, had been investigating Megaspeed until for unknown reasons (follow the money!) the Justice dept. told the Commerce dept. to stop the investigation. Trump appears friendly with Jensen, and effectively (but not legally) commands the DOJ, so it would not be surprising to find that he is the one who stopped this investigation. Trump had previously arranged for NVidia trade with China as long as the US government got a 15-25% cut, so to him this is all about money not AI or national security strategy.
The timing of this now coming into the news may be related to the midterms and change in balance of power, and one question is who behind it? One possibility would seem to be the FBI, upset that this investigation had been shut down, realizing that that with the dems controlling the house and senate that Trump would have less ability to control it.
It seems that it's not only Hensen Huang that needs to be (and will be) investigated here, but also NVidia, and the Commerce department, and whoever ordered the investigation shut down.
One interesting practical aspect to this is does NVidia keep supplying GPUs to these Chinese proxy companies in Singapore and elsewhere, or does this now actually get shut down? It's crazy that there are US companies starving for NVidia GPUs while NVidia was preferentially selling them to companies like Megaspeed instead. If this changed, would it end the US GPU shortage?