Over $1B in smuggled NVIDIA chips sold in China
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An investigation has revealed that $1 billion worth of restricted NVIDIA AI GPUs were smuggled into China over a three-month period.
Trump’s late-July AI action plan effectively rolled back export restrictions on Nvidia’s H200 chips while loosening permitting rules for AI data centers. Huang called it a “critical tailwind” for keeping America’s AI edge.
Europe has fallen behind China and the US in the development of AI capacity, producing less than 1% of the world’s semiconductors needed for AI. But the EU hopes to produce 20% of the world’s semiconductors by 2030.
Citigroup analyst Atif Malik recently raised his outlook on the total addressable market (TAM) for data center AI chips to $563 billion by 2028, a 13% increase from his previous estimate. This upward revision is largely driven by stronger-than-expected demand from sovereign AI initiatives,
NVIDIA's CEO, Jensen Huang, has said that AI will enable more people to become millionaires in five years than the internet has in 20 years.
Trump’s new AI plan pushes deregulation, attacks “woke” models, and speeds chip factory development as OpenAI, xAI, and Nvidia drive global infrastructure expansion.
The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.
In automotive, MediaTek’s Dimensity Auto cockpit platform now integrates Nvidia RTX GPUs for advanced in-vehicle graphics and compute tasks. On the edge AI front, Nvidia’s TAO toolkit works alongside MediaTek’s NeuroPilot SDK, streamlining model training and deployment.
Months after Oregon signed an agreement with the computer chip company Nvidia to educate K-12 and college students about artificial intelligence, details about how AI concepts and “AI literacy” will be taught to children as young as 5 remain unclear.