NVIDIA Denies DeepSeek’s Alleged Use of Banned Chips Amid AI Tensions

NVIDIA has swiftly addressed allegations surrounding the use of banned Blackwell GPUs by Chinese AI firm DeepSeek. Rumors suggested that DeepSeek acquired these chips despite a strict US export ban targeting China’s AI capabilities. Such concerns have intensified as US-China tensions grow over AI advancements. By denying these claims, NVIDIA aims to reassure investors, amidst a 3.26% drop in their stock price on December 15, impacting global markets, especially in Hong Kong.