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Nvidia AI chips worth $1B smuggled to China after Trump export controls
Black market for US semiconductors operates despite efforts to curb Beijing’s high-tech ambitions.
At least $1 billion worth of Nvidia’s advanced artificial intelligence processors were shipped to China in the three months after Donald Trump tightened chip export controls, exposing the limits of Washington’s efforts to restrain Beijing’s high-tech ambitions. A Financial Times analysis of dozens of sales contracts, company filings, and multiple people with direct knowledge of the deals reveals that Nvidia’s B200 has become the most sought-after—and widely available—chip in a rampant Chinese black market for American semiconductors. According to industry insiders, product specifications and pictures of packaging seen by the FT, many of the B200 racks sold by Gate of the Era, as well as other Chinese distributors, over the past months were originally from Supermicro, a US-based assembler that provides chip solutions to data centers.
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