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Chinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal

A Chinese financing company owned by several local government entities has funded the purchase of restricted Nvidia Corp. chips, according to documents filed with Beijing regulators, suggesting state support for an illicit trade that Washington worries is fueling China’s AI progress.

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Timeline · 1 report

  1. 2026-10-01 21:00 · Bloomberg AI
    Chinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal

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