Super Micro Smuggling Probe Hits Nvidia H100; Yotta Seeks $4B Valuation
U.S. authorities allege Super Micro cofounder diverted Nvidia H100 GPUs to China, prompting a smuggling probe that could tighten U.S. export controls on Nvidia accelerators. India's Yotta runs 10,000 H100 GPUs and plans over 20,000 B300 and B200 processors as it seeks $600 million at a $4 billion valuation.
1. U.S. Smuggling Allegations
U.S. authorities have accused a Super Micro cofounder of diverting Nvidia H100 GPUs to unauthorized entities in China through a backdoor scheme. The probe raises the prospect of tougher U.S. export controls on Nvidia accelerators, which could slow overseas shipments and impact revenue growth.
2. Yotta's IPO and GPU Deployment
Mumbai-based Yotta Data Services currently operates roughly 10,000 Nvidia H100 chips and plans deployment of thousands of B200 units by May and over 20,000 B300 processors by August as part of a $2 billion infrastructure investment. The company aims to raise $600 million at a $4 billion valuation in its upcoming IPO, spotlighting robust demand for Nvidia AI hardware.