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VisitWill Nvidia AI chip prices increase due to smuggling by Jun 30, 2024?
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Market reports or Nvidia's official price listings
Underground Network Smuggles Nvidia AI Chips Into China Despite US Sanctions
Jul 3, 2024, 10:18 AM
A network of buyers, sellers, and couriers is bypassing the Biden administration’s restrictions aimed at denying China access to Nvidia’s advanced AI chips. This underground network exploits supply-chain blind spots to smuggle Nvidia's AI GPUs into China, sometimes using informal markets and even students' luggage. Despite US sanctions, these GPUs are reaching Chinese buyers, with some smugglers selling entire servers. The Wall Street Journal, in an article by Raffaele Huang, has reported on this issue, highlighting the challenges in enforcing export controls on such small and easily transportable devices.
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Via students' luggage • 33%
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