Nvidia responds to DeepSeek report; denies claims of ‘banned’ chips behind January market rout

Nvidia has refuted claims that Chinese AI firm DeepSeek is using smuggled, restricted Blackwell chips. The report alleged DeepSeek acquired these advanced processors, banned for export to China, to train its AI models. Nvidia stated they have no evidence of such illicit activities, emphasizing their commitment to preventing circumvention of US trade restrictions.