Short seller alleges over 20% of Nvidia's FY2026 compute revenue still flows from China despite 'zero' claim
FuSheng_0306 · x · 2026-11-09
Short seller Culper Research published a report disputing Nvidia's disclosure that its China business went to "zero" after April 2025 US trade restrictions. The firm estimates that in reality, over 20% of Nvidia's FY 2026 compute revenues remained driven by China, allegedly via illegal GPU diversion and Southeast Asian intermediaries. The X post sharing the report notes the original writeup is long and worth reading in full.
Related event: Culper Research Short Report Questions Nvidia's China Revenue Claims(3 posts)→
More from Venture
- Motif lands planned Nvidia investment, goes all-in on frontier LLM Motif 4 — teortaxesTex · 2026-11-09
- Ex-PlayStation Boss: A $300 PS5, Not a $1,200 PS6, Would Be True Innovation — aakashgupta · 2026-11-09
- Nvidia loses ~$150B in market cap after Jensen Huang affair news — handotdev · 2026-11-09
- NVIDIA invests in Point2, plans investments in Motif, RLWRLD and Upstage in Korea — NVIDIA Blog · 2026-11-09
- Indie dev Tw93 on building Mole as a 'slow product' through 6 releases in 2 months — sujingshen · 2026-11-09
- 100 Companies, 100 Definitions of Tokenomics: Cisco's Cost Dashboard Demo — AI Engineer · 2026-11-09