# Chinese State-Backed Firm Disclosed Nvidia Blackwell Chips Deal

https://mins.news/en/item/82805

- Bloomberg News, 2026-10-02 02:53 UTC
- Tech
- Original: https://www.bloomberg.com/news/articles/2026-10-01/chinese-state-backed-firm-disclosed-nvidia-blackwell-chips-deal?link_source=ta_bluesky_link&taid=6abf1c94aa92170001cbf876

> A Chinese financing company owned by several local government entities funded the purchase of restricted Nvidia chips, according to filings with Beijing regulators. The documents suggest state support for an illicit trade that Washington fears is helping advance China’s AI capabilities.

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