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Friday, Oct 2, 2026

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NEWChinese State Leasing Firm Funds Restricted Nvidia B300 ServersNVDA

Documents in a credit database managed by the People's Bank of China show a municipal-owned entity financed Asustek hardware using chips banned for export to China. The leasing company provided the capital for 32 servers featuring Nvidia B300 Blackwell processors, which are barred from the Chinese market under US rules without an explicit license.

Nvidia is investigating the transaction with its server-making customers, while Asus stated it remains committed to strict compliance with export laws. These filings indicate funds moved from a government-controlled lender into a computing park operated by a state carrier, contrasting with previous smuggling cases involving private brokers and corporate insiders.

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