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Treasury Secretary Bessent questions Nvidia's vetting of GPU buyers amid China smuggling claims

U.S. Treasury Secretary Scott Bessent said in a CNBC interview that export controls cannot stop all restricted AI chips from reaching China, and questioned whether Nvidia properly vetted customers to avoid selling to shell companies acting as pass-throughs. He said it remains unclear whether CEO Jensen Huang knew of any such practices, but called for accountability within Nvidia, specifically criticizing general counsel Timothy Teter.

tomshardware.com · 2026-11-14

Nvidia tells cloud partners to cap China-bound GPU rentals at 49%

According to the Financial Times, Nvidia has verbally instructed cloud partners worldwide that at least 51% of their GPU services must go to non-Chinese customers, squeezing a key workaround Chinese AI firms used after export controls. The report says Chinese buyers have already snapped up over 1 million Nvidia gaming and workstation cards and ordered more than 6 million export-compliant RTX Pro 5500 cards this year, while a B300 server rack has reportedly resold in China for $2.8 million versus roughly $600,000 abroad.

tomshardware.com · 2026-11-09