{"id":349552,"date":"2025-12-15T12:53:08","date_gmt":"2025-12-15T12:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/349552\/"},"modified":"2025-12-15T12:53:08","modified_gmt":"2025-12-15T12:53:08","slug":"nvidia-responds-to-report-claiming-chinas-deepseek-that-wiped-billions-from-us-stock-market-in-january-2025-is-using-banned-nvidia-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/349552\/","title":{"rendered":"Nvidia responds to report claiming China’s DeepSeek that wiped billions from US stock market in January 2025, is using ‘banned’ Nvidia chips"},"content":{"rendered":"

\"Nvidia Nvidia has now pushed back against a report claiming that Chinese AI startup DeepSeek, whose breakthrough earlier this year rattled US markets, is secretly using its restricted Blackwell AI chips. Recently, a report published by The Information alleged that DeepSeek has acquired smuggled Blackwell GPUs which the company is using to train its upcoming AI model. These chips are among Nvidia\u2019s most-advanced processors and they have been named from export to China under US trade restrictions which are aimed at maintaining America\u2019s lead in the artificial intelligence race. However, the chipset major has dismissed these claims.\u201cWe haven\u2019t seen any substantiation or received tips of \u2018phantom data centers\u2019 constructed to deceive us and our OEM partners, then deconstructed, smuggled and reconstructed somewhere else,\u201d an Nvidia spokesperson said told CNBC. \u201cWhile such smuggling seems far-fetched, we pursue any tip we receive.\u201d<\/p>\n

Nvidia Makes History: First Company to Hit $4 Trillion Market Cap<\/p>\n

The US has banned the export of Nvidia\u2019s Blackwell chips, which are considered the company\u2019s most advanced offerings, to China as part of its strategy to maintain a lead in the global AI race.<\/p>\n

Market impact of DeepSeek<\/p>\n

DeepSeek stunned global tech sector with its launched in January 2025, when the company released its R1 model. Analysts noted that R1 was built at a fraction of the cost of U.S. competitors, sparking fears of China\u2019s rapid progress in AI and contributing to a sell-off that wiped billions from US stock markets. In August, DeepSeek hinted that China would soon have its own \u201cnext generation\u201d chips to support AI models, raising further concerns about how the country might circumvent US restrictions.<\/p>\n

Nvidia\u2019s chips important for AI boom<\/p>\n

Nvidia\u2019s Blackwell chips play an important part in the AI boom. The chips are designed to power everything from large language models to advanced data centres. Their role has made Nvidia\u2019s relationship with China a political flashpoint in Washington.Earlier this week, President Donald Trump announced that Nvidia could ship its H200 chips to \u201capproved customers\u201d in China and elsewhere, provided the U.S. government receives 25% of those sales. The move drew criticism from some lawmakers, highlighting the tension between commercial interests and national security.In the post, Trump wrote that he has informed Chinese President Xi Jinping that the US would allow sale of Nvidia\u2019s H200 chips under a framework which is designed to benefit American workers and tax payers.\u201cI have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security. President Xi responded positively! $25% will be paid to the United States of America. This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers. The Biden Administration forced our Great Companies to spend BILLIONS OF DOLLARS building \u201cdegraded\u201d products that nobody wanted, a terrible idea that slowed Innovation, and hurt the American Worker. That Era is OVER! We will protect National Security, create American Jobs, and keep America\u2019s lead in AI. NVIDIA\u2019s U.S. Customers are already moving forward with their incredible, highly advanced Blackwell chips, and soon, Rubin, neither of which are part of this deal. My Administration will always put America FIRST. The Department of Commerce is finalizing the details, and the same approach will apply to AMD, Intel, and other GREAT American Companies. MAKE AMERICA GREAT AGAIN!,\u201d Wrote Trump.<\/p>\n","protected":false},"excerpt":{"rendered":"Nvidia has now pushed back against a report claiming that Chinese AI startup DeepSeek, whose breakthrough earlier this…\n","protected":false},"author":2,"featured_media":349553,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,9456,254,255,64,63,192607,28300,2291,105,192608],"class_list":["post-349552","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-ai-technology","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-blackwell-chips","tag-deepseek","tag-nvidia","tag-technology","tag-us-china-trade-restrictions"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/349552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=349552"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/349552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/349553"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=349552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=349552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=349552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}