China's Moonshot AI reportedly accessed restricted Nvidia B300 chips

Moonshot AI, the Chinese lab behind Kimi, reportedly secured access to Nvidia’s B300 chips inside China, where U.S. export rules restrict their sale.

Bloomberg reported that August financing records described a deal for Moonshot to use 32 Supermicro servers in western China. The servers’ owner, Lingmeixin, pledged the hardware and expected payments from a computing services contract with Moonshot as collateral for a bank loan. The records valued the equipment at $64.8 million.

Moonshot disputed the records and said it had no current business relationship with Lingmeixin or any role in the financing. Nvidia said the companies involved in the purchase were not its customers, and Supermicro said it did no business with them. Bloomberg could not verify whether the chips had a U.S. export license. The records do not show whether Moonshot used them to train Kimi.

Nvidia shareholder sues over Megaspeed disclosures

Separately, Nvidia shareholder Mark Kistenmacher filed a proposed class action against the company and CEO Jensen Huang. He alleges that Nvidia and Huang inflated the share price by portraying Huang’s dealings with Singapore-based Megaspeed as routine business without disclosing his alleged affair with former executive Alice Huang.

Nvidia’s board had already opened an independent inquiry. President Donald Trump later said the FBI was looking into the matter. Nvidia shares fell as much as 8.8% on Monday before closing down 4.27%.

Nvidia opens spy probe as Jensen Huang admits to an affair

Nvidia is investigating whether Jensen Huang was targeted by foreign intelligence after reports linked him to a former executive at one of its chip customers.

Durov˙s CodeDaria Ivanova