The US arrested Greg Lui, CEO of Earthmade Computer, over alleged export-controlled shipments of Nvidia chip servers to China. The indictment says the servers were worth more than $300 million and involved Nvidia’s A100 and H100 GPUs. The case may lead to prosecutions and tighter scrutiny of shipments that could enable faster AI model training in China.
Nvidia announced the Shield TV Pro would rise in price effective immediately. Starting October 2, the Shield Pro will cost $299.99 instead of $199.99. Nvidia says higher component costs, including memory, are driving the change, attributing it to industry-wide effects from generative AI supply chains.
Amazon plans to spin off about $8 billion worth of Nvidia Grace Blackwell chips into a special purpose vehicle and then lease the chips back for use in US data centers. The proposal would involve thousands of Grace Blackwell chips and is reported by the Financial Times as an $8 billion carve-out. The financing would shift expensive chip costs to external investors while supporting Amazon’s asset-light balance-sheet strategy alongside its >$200 billion capital expenditure plan.
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