semiconductor / news / / Benzinga
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.
Nvidia became the first company to reach a $5.5 trillion market cap on Wednesday.
KEY POINTS
- 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
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