Subsidiary of Blacklisted Chinese Firm Acquires Banned Nvidia Chips

Inside a Jakarta facility, 2,300 Nvidia Blackwell chips are set for use by a Chinese AI company, defying US export restrictions. A Wall Street Journal investigation reveals a complex transaction circumventing regulations: Nvidia sold to Aivres, a Silicon Valley firm partly owned by a blacklisted Chinese company, which then brokered a deal with an Indonesian telecom for the chips. Despite these sales, Nvidia’s China market share has plummeted from 95% to zero due to export controls. Concerns linger over potential military applications from Chinese firms as US-China tech tensions escalate.

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