A black market network is evading Biden administration sanctions and delivering high-tech chips to China, according to a Wall Street Journal investigation released Wednesday.
Advanced artificial intelligence (AI) chip systems are highly prized by China in the country’s ongoing race to rival the American technology industry, and the Biden administration has imposed sanctions and export controls to prevent Beijing from getting its hands on them. Chinese companies and organizations are still obtaining these chips — specifically Nvidia AI chips — through a black market network made up of buyers and sellers spanning multiple countries, according to a WSJ investigation of records of the distributors involved.
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