1. 20% of Nvidia's FY2026 compute revenue was ultimately driven by Chinese demand through intermediaries and alleged illegal diversion.
2. This was driven by Alice Huang (the spy)
3. Crucially this report has allegations that Jensen KNEW that these chips were being sold illegally, and that he even went on-site to these sites ALONGSIDE ALIBABA representatives.
Nvidia is down 5.7% this morning (probably on this news), but is trading at a P/E of 23x still -- my mental math if it's expecting to lose 20% of its revenue AND a CEO that it has more to fall.
OMFG, it's an open secret that lots of Malaysia-, Indonesia-, and Singapore-registered businesses resell GPUs to China instead of building AI datacenters themselves. And they don't need to sleep with NVIDIA's CEO to do that, you know.
Well now that it's documented in writing, that business will have to be shut down (-20% revenue), somebody will have to be blamed for it (fired, arrested?), and who knows how big the fines will be.
> Finally, per one current Megaspeed employee, Jensen visits Megaspeed-linked data centers “every few months” and “every single time” he visits, he is
accompanied by representatives from Alibaba.
Far from denying the general problem (it has been corroborated by government sources), a lot of the allegations really seem far-fetched.
"One former employee's opinion is [...]"
I'll bet you any amount that within any org above a certain size, you'll find an employee with any given opinion, up to and including that the lizard people are somehow involved.
>"Bridge uses cold liquid cooling which is a technical requirement for Blackwell. They’ve provided the space and power, but they don’t actually have the eyes inside of the data centers. Megaspeed exploited this lack of capability to divert the hardware.”
They don't have eyes inside the data center, but surely as operators, they see the power bill? And anyone would know that? Megaspeed would have to be operating furnaces there to mask the power and cooling draw of the missing GPUs.
According to these allegations (May):
1. 20% of Nvidia's FY2026 compute revenue was ultimately driven by Chinese demand through intermediaries and alleged illegal diversion.
2. This was driven by Alice Huang (the spy)
3. Crucially this report has allegations that Jensen KNEW that these chips were being sold illegally, and that he even went on-site to these sites ALONGSIDE ALIBABA representatives.
Nvidia is down 5.7% this morning (probably on this news), but is trading at a P/E of 23x still -- my mental math if it's expecting to lose 20% of its revenue AND a CEO that it has more to fall.
OMFG, it's an open secret that lots of Malaysia-, Indonesia-, and Singapore-registered businesses resell GPUs to China instead of building AI datacenters themselves. And they don't need to sleep with NVIDIA's CEO to do that, you know.
Well now that it's documented in writing, that business will have to be shut down (-20% revenue), somebody will have to be blamed for it (fired, arrested?), and who knows how big the fines will be.
> Finally, per one current Megaspeed employee, Jensen visits Megaspeed-linked data centers “every few months” and “every single time” he visits, he is accompanied by representatives from Alibaba.
Will time tell,is Huang actually a traitor ?
Far from denying the general problem (it has been corroborated by government sources), a lot of the allegations really seem far-fetched.
"One former employee's opinion is [...]"
I'll bet you any amount that within any org above a certain size, you'll find an employee with any given opinion, up to and including that the lizard people are somehow involved.
>"Bridge uses cold liquid cooling which is a technical requirement for Blackwell. They’ve provided the space and power, but they don’t actually have the eyes inside of the data centers. Megaspeed exploited this lack of capability to divert the hardware.”
They don't have eyes inside the data center, but surely as operators, they see the power bill? And anyone would know that? Megaspeed would have to be operating furnaces there to mask the power and cooling draw of the missing GPUs.
I doubt anybody would defend him on the merit of his good character...