Founded in 1993 by Jensen Huang, Curtis Priem and Chris Malachowsky, Nvidia is a leading global manufacturer of high-end GPUs. Headquartered in Santa Clara, it holds over 80% of the global GPU semiconductor market. With a market cap of $4,392.22 billion (as of November 24), it remains a dominant force in chipmaking.
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CNBC TV1810-12-2025, 19:36

China's tech, military already using Nvidia H200 AI chips via grey market

  • Nvidia's H200 AI chips are already being supplied to Chinese entities via the grey market, despite previous export restrictions.
  • Elite Chinese universities and research institutes are utilizing H200 chips for advanced AI development and model training.
  • The Chinese military and affiliated entities are acquiring H200 chips for defense-related AI research and capabilities.
  • Chinese AI data center operators and builders are planning large-scale H200 deployments for computing infrastructure projects.

Why It Matters: Chinese entities are already using Nvidia H200 chips, bypassing US export restrictions.

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