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NVDA
New York Post
26 days

Nvidia AI chips worth $1B smuggled into China after Trump imposed US export controls: report

1. Over $1 billion in Nvidia chips smuggled to China post-export controls. 2. Nvidia's B200 and H200 chips are still sold to Chinese data centers. 3. Jensen Huang claims Trump lifted bans on selling H20 chips to China. 4. China's tech firms are circumventing export controls for Nvidia hardware. 5. Nvidia insists on compliance with U.S. laws regarding chip technology.

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FAQ

Why Bullish?

Despite export bans, continued demand and smuggling indicate strong market interest. Historical cases show that barriers can create scarcity, driving up prices.

How important is it?

The article highlights ongoing demand for Nvidia chips, which could support stock prices. Public sentiment and news about export control circumvention can move NVDA stock significantly.

Why Short Term?

Immediate effects from news may influence trading activity, while long-term impacts depend on Sino-U.S. relations.

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