Nvidia’s tabulations, as relayed to the US government, undercounted the number of chips it had sold to Megaspeed via har | Hanami
Nvidia’s tabulations, as relayed to the US government, undercounted the number of chips it had sold to Megaspeed via hardware partners by 50,000 units, according to trade records analyzed by Bloomberg. That’s worth billions of dollars. After being pressed about the gap, Nvidia told Bloomberg in December 2025 that it had checked additional Megaspeed warehouses that contained the missing hardware, while declining to state exactly how many chips it found in those facilities or provide any further details: BBG
Quoted @zerohedge: Nvidia’s general counsel intervened in a US government probe of suspected smuggling of AI chips by Megaspeed International, questioning whether the Trump admin played a role in detaining Alice Huang: BBG
This is getting worse by the minute(Historical earnings: For fiscal 2027 Q2 (period ended 2026-07-26), NVIDIA reported basic EPS of 4.87, diluted EPS of 4.85, net income of USD 118.010 billion, and revenue of USD 177.837 billion.
Consensus expectations: For fiscal 2027 Q3 (event date 2026-11-17), consensus expects EPS of 2.5263 and revenue of USD 111.356 billion.)