Stocks
Nvidia Shorted as Culper Research Exposes China Ties and Potential Revenue Risks
Nvidia's business ties to China are under scrutiny after Culper Research took a short position on the stock, citing concerns over export controls and potential revenue losses.
Culper's report claims that more than 20% of Nvidia's projected FY2026 compute revenue remains tied to China, despite U.S. export restrictions.
The firm alleges that this exposure is being sustained through illegal GPU diversion networks and the use of Southeast Asian intermediaries.
Nvidia CEO Jensen Huang has been under fire for his recent trip to China with U.S. President Donald Trump, where they are meeting with Chinese President Xi Jinping to discuss trade tensions and AI technology access.