Jensen's Bizarre Adventure
We recorded 16 claims from this post. 5 were checked against evidence. 11 can’t be checked. 18 more are held. Read the post at its source.
Claims from this post (16)
In the order they appear in the post. Each quotation is the speaker’s words in this post. A label such as “Supported” or “Can’t be checked” is the claim’s current assessment; its page has the evidence and the reasons.
Assessment: Can’t be checkedSaid
“While we can’t say for sure, it appears that Ms. Huang was diverting chips to China, possibly to multiple Chinese data centers with at least one paid for by Tencent, and Jensen may have known about it in the literal and biblical sense.”
What we tested: It appears, though he cannot say for sure, that Alice Huang was diverting chips to China, possibly to multiple Chinese data centers with at least one paid for by Tencent, and Jensen Huang may have known about it.
Assessment: Can’t be checkedSaid
“It’s reasonable to assume that somebody is going to jail based on the sheer scale of the operation.”
What we tested: Someone will likely go to jail over the GPU smuggling operation given its scale.
Assessment: Can’t be checkedSaid
“It’s also reasonable to assume that Megaspeed is, as Culper’s source said, the tip of the iceberg, as its orders only added up to around $4.8 billion.”
What we tested: Megaspeed's ~$4.8 billion in orders is likely only a small part of NVIDIA GPU smuggling to China.
Assessment: Can’t be checkedSaid
“NVIDIA should be in front of a congressional panel.”
What we tested: NVIDIA should be called before a congressional panel.
Assessment: UnresolvedSaid
“In addition to getting his shit rocked crazy style, Jensen Huang — along with collaborators at NVIDIA including its general counsel — has deliberately and repeatedly violated US commerce law.”
What we tested: Jensen Huang and NVIDIA collaborators including its general counsel deliberately and repeatedly violated US commerce law.
Assessment: SupportedSaid
“And it’s also blatantly obvious that this isn’t the only Chinese (or otherwise sanctioned nation) firm acquiring or buying NVIDIA’s Blackwell chips.”
What we tested: It is blatantly obvious that Megaspeed is not the only Chinese (or otherwise sanctioned-nation) firm acquiring or buying NVIDIA's Blackwell chips.
What supported it: Bloomberg identifies the equipment as B300 servers and Lingmeixin, a Beijing company, as their purchaser and owner under August financing contracts. Moonshot disputed its involvement, but the supporting example is the reported hardware purchaser rather than Moonshot's disputed rental. (Bloomberg, syndicated by Yahoo Finance, )
Assessment: Can’t be checkedSaid
“Every single business and tech outlet covering NVIDIA should have been mentioning the Chinese smuggling operation, none more so than the Times, which has done such important and historic work reporting on it.”
What we tested: Every business and tech outlet covering NVIDIA should have mentioned the Chinese smuggling operation.
Assessment: Can’t be checkedSaid
“If it wasn’t, hyperscalers would be screaming about the incredible, actual revenues from their $1.4 trillion or so in capital expenditures.”
What we tested: If buying NVIDIA GPUs were not a bad deal, hyperscalers would be screaming about the incredible actual revenues from their roughly $1.4 trillion in capital expenditures.
Assessment: Can’t be checkedSaid
“These are the actions of a company actively manipulating the marketplace by operating on the fringes of finance law, knowing that the media and the markets will back whatever Jensen Huang says as long as the numbers keep going up and he, well, doesn’t actually break the law.”
What we tested: NVIDIA is actively manipulating the marketplace by operating on the fringes of finance law.
Assessment: Can’t be checkedSaid
“And remember: NVIDIA also loves lying.”
What we tested: NVIDIA loves lying.
Assessment: SupportedSaid
“It’s also fucking laughable how much everybody talks about the “dangers of China getting access to powerful AI.” It already happened! China has NVIDIA GPUs! They’ve had them for years!”
What we tested: China has had access to advanced NVIDIA GPUs for years despite export controls.
What supported it: This describes cumulative acquisitions known by January 2024. The same account identifies specific university purchases in December 2022 and May 2023, establishing access in earlier years rather than merely unfulfilled orders. (Tom's Hardware, reporting Reuters' investigation, )
Assessment: UnresolvedSaid
“Everybody wants this to be a localized story about a horny CEO and a dastardly Chinese spy, but what it actually is is a coordinated, multi-layered conspiracy to dodgy US export controls that may very well have been totally ignored if it wasn’t for the espionage angle.”
What we tested: The Huang/Megaspeed affair is a coordinated, multi-layered conspiracy to dodge US export controls that might have been ignored without the espionage angle.
Assessment: UnresolvedSaid
“And let’s not forget that he has forced billions of dollars’ worth of GPUs on hyperscalers months before they need them, massively inflating the price of RAM and all consumer electronics as a result, all as a means of creating perpetual growth for NVIDIA”
What we tested: Jensen Huang has forced billions of dollars' worth of GPUs on hyperscalers months before they need them, massively inflating the price of RAM and all consumer electronics as a result, as a means of creating perpetual growth for NVIDIA.
Assessment: Can’t be checkedSaid
“The SEC should thoroughly investigate NVIDIA’s revenue recognition standards, and the US government should create regulatory standards that make its tactics illegal.”
What we tested: The SEC should investigate NVIDIA's revenue recognition and the US government should outlaw its tactics.
Assessment: Can’t be checkedSaid
“NVIDIA should fire Jensen Huang immediately, along with its general counsel.”
What we tested: NVIDIA should immediately fire Jensen Huang and its general counsel.
Assessment: Can’t be checkedSaid
“The US government should immediately start a criminal investigation into Megaspeed and all connected counterparties, as well as anyone at NVIDIA who oversaw any smuggling operations.”
What we tested: The US government should immediately criminally investigate Megaspeed, its counterparties, and NVIDIA staff who oversaw smuggling.
Held from this post (18)
These records did not pass every check, so nothing about them is published. Held is not a finding.
- It didn’t meet our rules. Our reading, not assessed: Zitron does not expect the Trump administration to do very much about this NVIDIA/Megaspeed situation, though perhaps he will be proven wrong given the China angle and how brazenly NVIDIA has acted.
- The AIs reached different verdicts. Our reading, not assessed: It is blatantly obvious that NVIDIA has deployed over $100 billion (per The Information) as a means of keeping the industry afloat by making sure everybody has the justification and means to buy and/or rent out its GPUs.
- The AIs read the claim differently
- The AIs read the claim differently
- The test may not be fair to their words. Our reading, not assessed: It appears NVIDIA knew of the affair and worked to block the US government investigation of Megaspeed, sustaining a relationship that violated export restrictions.
- The AIs read the claim differently
- The AIs read the claim differently
- The AIs read the claim differently
- The AIs read the claim differently
- The AIs read the claim differently
- The AIs reached different verdicts. Our reading, not assessed: NVIDIA is an aggressively dodgy company that has done whatever was necessary to sustain its growth, deploying about half of its FY2026 revenue to plug holes in an ecosystem so everybody ignores that buying NVIDIA GPUs is a bad deal for anybody other than Jensen Huang.
- The AIs read the claim differently
- The test may not be fair to their words. Our reading, not assessed: A not-insignificant part of NVIDIA's growth comes from illegal sales to China, which coverage of its growth ignores.
- The test may not be fair to their words. Our reading, not assessed: NVIDIA inflated its earnings by more than $4.8 billion through sales to an apparent passthrough entity for Mainland China customers.
- The AIs reached different verdicts. Our reading, not assessed: NVIDIA used its influence with the US government to suppress an investigation into a company (Megaspeed) that was very likely funnelling sanctioned NVIDIA GPUs to China.
- The test may not be fair to their words. Our reading, not assessed: NVIDIA is selling GPUs to China through proxies and shell corporations.
- The AIs read the claim differently
- The test may not be fair to their words. Our reading, not assessed: There is compelling evidence NVIDIA has inflated revenues for years via Chinese smuggling operations likely known to top leadership.