# Culper, which disclosed it is short the stock, alleges that more than 20% of Nvidia’s FY 2026 compute revenue was still driven by China.

*semiconductor · news · 2026-05-13 · Benzinga*

## Key points

- Nvidia became the first company to reach a $5.5 trillion market cap on Wednesday.
- Culper alleges over 20% of Nvidia's FY 2026 compute revenue comes from illegal China GPU diversion.
- Megaspeed International, Nvidia's largest Southeast Asian chip buyer, is central to Culper's claims.
- China has cracked down on foreign AI chips, blocking H200 shipments and urging domestic alternatives.
- US officials confirm China bought zero H200 chips, contradicting Nvidia's implied ongoing China business.

**Companies:** Nvidia, Megaspeed International
**Countries:** China, United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/prediction-markets/26/05/52541126/as-jensen-huang-joins-trumps-china-summit-bombshell-report-claims-nvidias-china-revenue-never-went-to-zero)

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