Nvidia's China Problem [pdf]

chinathrow

> Finally, per one current Megaspeed employee, Jensen visits Megaspeed-linked data centers “every few months” and “every single time” he visits, he is accompanied by representatives from Alibaba.

DivingForGold

Will time tell,is Huang actually a traitor ?

zug_zug

According to these allegations (May): 1. 20% of Nvidia's FY2026 compute revenue was ultimately driven by Chinese demand through intermediaries and alleged illegal diversion. 2. This was driven by Alice Huang (the spy) 3. Crucially this report has allegations that Jensen KNEW that these chips were being sold illegally, and that he even went on-site to these sites ALONGSIDE ALIBABA representatives. Nvidia is down 5.7% this morning (probably on this news), but is trading at a P/E of 23x still -- my mental math if it's expecting to lose 20% of its revenue AND a CEO that it has more to fall.

DarkNova6

I doubt anybody would defend him on the merit of his good character...

likeclockwork

What happened to all that free trade talk?

tancop

I hope it's all true and China has been getting top tier GPUs all this time. Even better if they reverse engineered them to make their own. If we in Europe can't beat America they can do it for us.

freakynit

When your company's sales are in 100's of billions of dollars a year, sanctions that would evaporate 20% of those does not work. Folks at intelligence agencies are smart enough to understand this. Yet they allowed it to happen. This feels it has much more than just a CEO who got honey-trapped by a Chinese spy.