Some big people in charge of America said that some special computer parts made by Nvidia cannot go to China anymore because they think it's not good for them. But, some sneaky people in China still find ways to get these parts and use them secretly. This makes the company Nvidia sad and confused because they want everyone to follow the rules. Read from source...

- The title is misleading and sensationalized, as it implies that Xi Jinping's military and government are actively acquiring banned Nvidia chips despite the US export restrictions. However, the article itself states that an underground market for Nvidia chips has emerged in China, with vendors obtaining surplus stock or importing through third parties. This suggests that there is no direct involvement of Xi Jinping's military and government in acquiring the banned chips, but rather a complex network of unofficial channels.
- The article relies heavily on unnamed sources and vague statements from Nvidia and U.S. officials, which lowers its credibility and objectivity. For example, it cites "top universities and entities subject to U.S. export restrictions" without naming them or providing any evidence of their military involvement or affiliation against U.S. national interests. Similarly, it quotes a Nvidia spokesperson who says that the company complies with all applicable export control laws, but does not specify what those laws are or how they apply to China and Hong Kong.
- The article uses emotive language and negative framing to portray Nvidia as a company that is defying U.S. export restrictions and enabling Chinese military and government entities to acquire advanced AI technology. For example, it says that "despite the development of rival products by Huawei Technologies and other companies, the ongoing demand for Nvidia chips underscores a lack of suitable alternatives for Chinese businesses", which implies that Nvidia is exploiting this situation to profit from China's needs. It also suggests that Nvidia is ignoring U.S. national security concerns by offering weaker versions of its chips exclusively for the Chinese market, without providing any evidence or analysis of how these chips pose a threat to U.S. interests.
- The article fails to address the underlying reasons and motivations behind China's demand for Nvidia chips, such as the lack of domestic AI chip production capacity, the competitive advantages offered by Nvidia technology, and the geopolitical tensions between China and the U.S. Instead, it presents a simplistic narrative of China vs. U.S., without considering the complexities and nuances of the global semiconductor market and the AI industry.

Bearish

Summary:
China continues to acquire Nvidia chips despite the US export ban. This has led to an underground market for these semiconductors. The demand for Nvidia chips in China shows a lack of suitable alternatives for Chinese businesses. Meanwhile, Nvidia is trying to comply with U.S. export controls by offering weaker versions of its chips exclusively for the Chinese market.