Shanghai Century Litong reportedly moved $7.5 billion in Nvidia chips into China

Shanghai Century Litong reportedly channeled $7.5 billion worth of Nvidia chips into China, a scale of movement that raises fresh questions about compliance with U.S. export restrictions and potential national security risks. The disclosure puts a spotlight on the murky intermediary layer that has grown up between Nvidia and Chinese buyers as tightening rules reshape how advanced semiconductors reach the country. It matters because Nvidia chips underpin AI compute demand globally, and any compliance friction could ripple through supply chains and revenue expectations tied to China. What to watch next is whether regulators scrutinize these flows more closely and whether Nvidia or its partners clarify how the shipments were structured.