China: US export controls tightening, Vera CPU sales pitch, black market surge; Biren raises $892M; Huawei enters South Korea; DeepSeek develops own chip; H200 potential reopening confirmed; Chinese companies shift to domestic chips; black market prices doubling; Jensen at Beijing expo July 16; Kimi K3 sell-off; Moonshot AI export violation accusation
Key Questions
What are the latest US export control updates for Nvidia in China?
H200 approvals are capped below 200k units. Black market prices for restricted chips have reportedly doubled.
What did the White House say about Moonshot AI?
A White House official accused Moonshot AI of accessing GB300 chips in Thailand despite the export ban, raising regulatory risk.
How are Chinese rivals responding to Nvidia restrictions?
Biren raised $892M while Moore Threads and Hygon reported strong growth. Huawei has also entered the South Korean market.
What is the status of Jensen Huang's China visit?
Jensen Huang is scheduled to attend the Beijing expo July 16-20 amid tightening controls and shifting Chinese demand to domestic chips.
How has SemiAnalysis responded to Kimi K3 concerns?
SemiAnalysis stated that Kimi K3's linear attention will not weaken Nvidia demand and may actually require more GPUs and HBM.
H200 approvals capped at <200k, black market prices doubling. Jensen at Beijing expo July 16-20. China rivals Moore Threads and Hygon strong growth. Kimi K3 sell-off rebutted by SemiAnalysis. White House official accuses Moonshot AI of accessing GB300s in Thailand despite export ban, adding regulatory risk.