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Chinese AI firms rush to secure Nvidia capacity amid US export-control fears

Crypto Briefing ·

Chinese AI firms' scramble for Nvidia capacity highlights potential disruptions in global tech supply chains and market volatility.

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AI Insight

Nvidia's board is reportedly preparing to remove CEO Jensen Huang after reports he had two extramarital affairs, including one with a woman U.S. intelligence says was spying for China, according to multiple reports. Nvidia is investigating whether Huang was targeted by a Chinese spy with whom he had an affair, the AP reported. Nvidia shares fell and its perpetual futures dropped 7% as traders reacted, according to Forbes and CoinDesk.

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First reported by Techmeme at · 2 outlets in all

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  1. Crypto BriefingChinese AI firms rush to secure Nvidia capacity amid US export-control fearsChinese AI firms' scramble for Nvidia capacity highlights potential disruptions in global tech supply chains and market volatility.
  2. TechmemeSources: Chinese AI companies are rushing to rent Nvidia compute capacity overseas amid fears of tighter US restrictions after the Jensen Huang spy scandal (Reuters)