10 AI News That Broke the Internet

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) drives AI innovation with solutions for gaming, data centers, and autonomous systems.

The Information reported that the U.S. Commerce Department is investigating how Nvidia’s (NASDAQ:NVDA) advanced AI chips have been smuggled into China, reportedly in violation of export laws. Inquiries were sent to Nvidia, Super Micro Computer, and other partners, including Dell, to trace these activities. Nvidia and Supermicro have initiated audits of customers in Southeast Asia, a region linked to chip smuggling. Reports indicate some individuals involved in the smuggling altered server serial numbers to avoid detection. Despite inspections, five individuals claim to have evaded discovery, and investigations are ongoing.