Report: Black market keeps Nvidia chips flowing to China military, government

News Snapshot:

China is still finding ways to skirt US export controls on Nvidia chips, Reuters reported. A Reuters review of publicly available tender documents showed that last year dozens of entities—including "Chinese military bodies, state-run artificial intelligence research institutes, and universities"—managed to buy "small batches" of restricted Nvidia chips. The US has been attempting to block China from accessing advanced chips needed to achieve AI breakthroughs and advance modern military technologies since September 2022, citing national security risks. Reuters' report shows just how unsuccessful the US effort has been to completely cut off China, despite repeated US attempts to expand export...