China sees surge in Nvidia AI chip repair businesses despite export bans
In brief: There's a strange situation occurring in China: despite Nvidia's high-end AI chips being restricted from export to the country, businesses that repair these GPUs are experiencing a boom in demand. One company now handles up to 500 AI chip repairs every month. The US has restricted the export of Nvidia's most powerful AI chips to China since 2022 over fears that they could be used for military purposes. Although these chips aren't officially available in the Asian nation, a booming re