Nvidia addresses AI chip smuggling, says bootleg datacenters are a 'losing proposition'
1. Nvidia condemns smuggled chips as a 'losing proposition' for datacenters. 2. Over $1 billion worth of Nvidia chips illegally entered China amid regulatory restrictions. 3. China's market remains critical despite U.S. sales restrictions on advanced processors. 4. Nvidia plans to resume H20 chip sales after regulatory breakthrough with the U.S. 5. CEO Huang aims to sell even more advanced chips to China in the future.