DeepSeek, did you illegally buy an Nvidia chip?

DeepSeek, did you illegally buy an Nvidia chip?

1️⃣ Allegations of bypass export of Nvidia chips through Singapore

The U.S. government is investigating whether DeepSeek illegally purchased Nvidia’s GPU through Singapore.

Nvidia’s Singapore sales jumped 740%,

There is a possibility that DeepSeek procured GPUs from Singapore through third parties to avoid U.S. export regulations.

🚨 This event could have a significant impact on the AI market, Nvidia, and the competition for U.S.-China technological supremacy.

---

2️⃣ Elon Musk: “DeepSeek Has 50,000 Nvidia H100 Chips”

On Monday morning, the market plunged due to concerns related to DeepSeek.
Elon Musk made one important statement in this situation.

“DeepSeek has about 50,000 Nvidia H100 chips. But it’s just not publicly acknowledging them because of U.S. export regulations.”

📌 H100 chips over $30,000 each
📌 50,000 units worth $1.5 billion (about KRW 2 trillion)

In other words, the key issue is how DeepSeek has secured this huge amount of GPUs.

---

3️⃣ Nvidia’s Singapore sales transcend China

We analyzed Nvidia’s financial reports and found something very interesting.

“The end customer and destination may differ from the customer’s billing address.”
“In particular, products billed from Singapore are often shipped to other regions.”

📌 Nvidia’s revenue by country for the last three quarters

Singapore: $1.74 billion

China: $1.16 billion

In other words, sales in Singapore have increased more than in China.
🚨 So where did these GPUs actually go?

---

4️⃣ Singapore, is it the new AI data center hub?

Is there a legitimate reason DeepSeek bought GPUs in Singapore?
We investigated whether Singapore is growing into a new AI data center hub.

📌 Number of data centers by country

United States: More than 5,000

China: About 500

Singapore: 99 (less than Poland)

🚨 Singapore has very few data centers, no evidence of large AI infrastructure being built
➡️ In other words, it is likely that the Nvidia chips purchased in Singapore were not actually used in Singapore.

---

5️⃣ Singapore → China, semiconductor smuggling routes?

China is now importing more semiconductors from Singapore,
This gap has been widening recently.

Let the U.S. control exports to China,

It is highly likely that China is importing chips via Singapore.

🚨 However, this could amount to a clear violation of U.S. export controls.

---

6️⃣ U.S. government’s response: possible restrictions on exports to Singapore

🚨 U.S. government likely to block Nvidia chip exports to Singapore 🚨

If bypass exports through Singapore are proven
US could completely block AI semiconductor exports to Singapore.

📌 What if exports to Singapore are restricted?
➡️ 20% of Nvidia’s total sales are likely to be threatened

💥 It is expected to become a key variable in the competition for AI semiconductor market and technology hegemony

---

7️⃣ Future prospects and conclusions

Investigation of link between DeepSeek and Nvidia’s Singapore sales is key

Nvidia’s Stock Expects Huge Shock If U.S. Blocks Semiconductor Exports to Singapore

DeepSeek’s rapid growth will further intensify U.S.-China competition for AI supremacy

📌 Key issues in AI and semiconductor markets require continuous monitoring