Chinese Firms Smuggle Nvidia Chips While Beijing Bans Them — Hawk Consensus
theteknosaur · x · 2026-11-15
Responding to claims that Chinese companies don't want Nvidia chips, the author notes firms are actively smuggling them in and paying for remote GPU access via third-country clouds. The Chinese government, however, is embarrassed by this demand and has imposed heavy restrictions — including a September directive requiring all state-funded data centers to use exclusively Huawei chips.
The post also addresses the explanation for Jensen Huang's ouster: export restrictions don't hold up. The more plausible account is his resignation over affairs involving a major customer (a Singapore cloud provider that bought billions in chips) and a direct report. The result is an ironic Sino-American hawk consensus — both governments restricting the same chips for opposite reasons.
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