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China's Moonshot rents servers equipped with Nvidia's cutting-edge chips

Investing.com +3 · ·by G4L

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  1. 1Chinese AI startup Moonshot contracted 32 of Moonshot's rental servers in August.
  2. 2Alibaba and ByteDance signed contracts to access overseas Nvidia chips earlier this year.
  3. 3Super Micro Computer was involved in a Department of Justice investigation regarding illegal chip sales to China by three employees.

So what's the key point?

Chinese companies are renting or contracting to use Nvidia chips used for artificial intelligence. During this process, Super Micro Computer came under investigation regarding illegal sales.

Source Investing.com +3 · View original ↗

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