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  • A Billion Dollars' Worth of Nvidia Chips Fell Off a Truck and Found Their Way to China, Report Says

    07/25/2025 5:12:24 PM PDT · by nickcarraway · 36 replies
    The Register ^ | Thu 24 Jul 2025 | Neil McAllister
    Psst, wanna buy some innovation?An estimated $1 billion worth of smuggled high-end Nvidia AI processors have reportedly found their way onto the Chinese black market, despite the US government's strict restrictions on exports of the tech. The eyebrow-raising figure, which Nvidia has neither confirmed nor refuted, was revealed by the Financial Times, which claims to have based its reporting on a combination of interviews and analyses of company filings and sales contracts. If accurate, the report sheds light on the limitations of the US trade policy's ability to control the movement of much sought-after AI technology around the world. The...