US uncovers scheme to reroute Nvidia GPUs worth $160 million to China despite export bans

Authorities have shut down yet another China-linked smuggling network for Nvidia's AI chips, according to a release from a U.S. Attorneys office.

China’s Nvidia shows that the global chip race is heating up as it basks in post-IPO glow

Shares of Moore Threads Technology, founded by former Nvidia executive Zhang Jianzhong, gained 425% after its initial public offering in Shanghai on Friday, according to FactSet. The AI chip maker’s IPO raised $1.

Nvidia CEO says data centers take about 3 years to construct in the US., while in China they can build a hospital in a weekend

China has “twice as much energy as we have as a nation, and our economy is larger than theirs. Makes no sense to me,” Huang said.
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China Threatens Nvidia With Its Own Company

Moore Threads shares rose 500% on their first day of trading on the Shanghai stock exchange. The company is China's answer to Nvidia.

'China's Nvidia' Moore Threads Shares Surge Over 500% In Blockbuster Shanghai IPO

Shares of chipmaker Moore Threads Technology, dubbed China's Nvidia (NASDAQ: NVDA), rose as much as 502% as it debuted in Shanghai on Friday.

Nvidia CEO meets with Trump, talks export controls

Nvidia CEO Jensen Huang said he met with President Trump on Wednesday and discussed export controls amid a faltering push in Congress to place new restrictions on advanced chip sales to China.

Cambricon Aims to Triple Chip Output to Replace Nvidia in China

Cambricon Technologies Corp. plans to more than triple its production of AI chips in 2026, aiming to wrest market share from Huawei Technologies Co. in China and fill a void left by Nvidia Corp.’s forced exit.

China Ghosts Nvidia — But Huang Says Global AI Market Could Hit $4T

China shuts out Nvidia, ending a profitable market for AI chips. CEO Huang remains optimistic, projecting trillions in global AI spending.
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