According to @KobeissiLetter, The Information reports that China’s DeepSeek is set to unveil a new AI model built using Nvidia’s Blackwell chips that the report characterizes as “smuggled” into China by dismantling data-center installations abroad and shipping them domestically (source: @KobeissiLetter citing The Information). The presence of Blackwell-class GPUs in China would run counter to U.S. Department of Commerce BIS restrictions on advanced AI chips to China announced in October 2023 and updated in October 2024 (source: U.S. Department of Commerce, Bureau of Industry and Security). For trading exposure, Nvidia (NVDA) is directly implicated as the chip supplier and has disclosed in SEC filings that export controls to China are a material risk (sources: NVIDIA investor relations and SEC filings). U.S. semiconductor baskets such as SMH concentrate large-cap AI chip suppliers and are often used for directional exposure to the theme (source: VanEck SMH fund materials). In crypto, AI-linked tokens that reference compute and AI, such as RNDR and FET, are listed by major exchanges under the AI sector, making them relevant tickers for AI-chip headlines (source: Binance exchange asset categories).

According to @StockMKTNewz, Chinese state media said Nvidia’s H20 chips are not safe for China, as reported by Reuters (source: Reuters via @StockMKTNewz). Reuters has previously reported that H20 is Nvidia’s China-focused GPU designed to comply with tightened U.S. export controls after restrictions on A100/H100, with commercial rollout planned in 2024 following delays (source: Reuters). For traders, this highlights headline and regulatory risk around NVDA’s China AI hardware pipeline and data center supply chains linked to U.S.–China tech controls (source: Reuters). Reuters has also reported that several Bitcoin miners, including Hut 8 and Iris Energy, expanded into AI compute services, making chip availability and policy a crossover theme for crypto-exposed equities (source: Reuters).