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2024

High Demand Drives Nvidia Chip Smuggling into China

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Despite U.S. sanctions, China’s underground market for Nvidia AI chips is thriving. Vendors in Shenzhen’s Huaqiangbei market and platforms like Taobao and Xiaohongshu sell these high-demand chips. They acquire them from excess stock intended for major U.S. firms or import them through local companies in India, Taiwan, and Singapore. Thus, they secure small quantities, enough […]