Super Micro Execs Charged with Nvidia Chip Smuggling; Huang Forecasts $1T Anthropic Revenue
U.S. authorities charged Super Micro executives with smuggling Nvidia GPUs to China, triggering a sharp drop in Super Micro’s stock and raising export-control concerns for Nvidia chips. CEO Jensen Huang urged against AI fearmongering and predicted Anthropic may exceed $1 trillion revenue by 2030, indicating robust demand for Nvidia hardware.
1. Smuggling Charges Spark Export Scrutiny
U.S. authorities have charged two Super Micro executives with illegally exporting Nvidia GPUs to China. The allegations have led to a plunge in Super Micro’s share price and could prompt regulators to tighten export controls affecting Nvidia’s chip sales.
2. CEO’s AI Fearmongering Warning and Anthropic Outlook
Nvidia CEO Jensen Huang urged industry leaders to avoid exaggerating AI risks, stressing the technology’s importance. He also predicted that key customer Anthropic may surpass $1 trillion in revenue by 2030, underscoring expectations for sustained demand for Nvidia hardware.