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Culper Research Shorted Nvidia Over 20% of Compute Revenue Tied to China Rerouting
['Maheen Hernandez']
The Currency analytics
Jensen Huang told investors in November 2025 that Nvidia’s China sales would be zero for the foreseeable future, pointing to U.S. export control measures as the reason.
AdvertisementAnd then there’s the quote that probably made Nvidia’s legal team nervous.
Export control violations can carry serious penalties, and the U.S. government has been increasingly aggressive about enforcement in the AI chip space.
Frequently Asked Questions What exactly did Culper Research claim about Nvidia’s China sales?
What legal action has been taken so far in the Nvidia chip smuggling investigation?