The Information: Alice Huang-linked group imported 240,000 Nvidia chips into China despite U.S. controls

Litong Inc., a group connected to Alice Huang, has imported 240,000 Nvidia chips worth at least $7.5 billion into China since 2023 despite U.S. export controls, The Information reports. Bloomberg, citing documents it reviewed, separately reports that a company Huang founded procured smuggled AI chips installed at a Shanghai data center linked to Megaspeed.