EL7.AI
StocksMediumUpdated×3•Originally published 10 November 2026•Updated 11 November 2026•
1 min read

U.S. Probes Nvidia Chip Shipments to China via Malaysia Network

Key Facts

1The Information estimated that Nvidia chips allegedly shipped to Chinese firms were worth at least $7.5 billion.
2Nvidia shares fell 6.3% in the November 10 session and were the biggest single drag on the S&P 500.
3The report said about 240,000 H100 and H200 chips, along with some A100 chips, were moved to China.
4GE Vernova fell 7%, Micron Technology declined 3.6%, and CoreWeave fell 2.6% in the November 10 session.

U.S. authorities are probing allegations that restricted AI chips were supplied to Chinese firms through a network including Malaysia, in addition to China and Singapore. The investigation follows a 6.3% drop in Nvidia shares during the November 10 session, after a report by The Information alleged that CEO Jensen Huang's relationship with Alice Huang facilitated the shipment of at least $7.5 billion worth of chips to Chinese entities.

According to the report cited by Reuters, Alice Huang allegedly helped move approximately 240,000 H100 and H200 chips to China through a family-linked corporate network. This regulatory scrutiny coincides with Nvidia's board appointing former acting U.S. Attorney John Kim on November 10 to lead an independent investigation into reports that Huang was targeted by foreign intelligence. Nvidia shares closed at $145.20 on November 10, 2026, marking a significant loss in market value over two sessions.

Nvidia is scheduled to hold a call to discuss its fiscal 2027 third-quarter results on November 17, 2026. The call will cover the period ended October 25, as investors assess the impact of export controls and ongoing investigations on the company's future revenue guidance.

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