Capitalist Insider: Megaspeed’s China smuggling network mapped in Nvidia probe

Nvidia tanks, Average stocks rise, as cash rotates into the broader market

Hello Capitalist Insiders!

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• Megaspeed’s China smuggling network mapped in Nvidia probe

• Analysts slash Nvidia targets by half after Huang exit

• Nvidia tanks, Average stocks rise, as cash rotates into the broader market

• AMD surges 30% this week as Nvidia plunges 11%

• Modine and Cerebras cash in hard on AI demand

• Nvidia’s longest weekly losing streak since 2012 wipes $1.6T

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Megaspeed’s China smuggling network mapped in Nvidia probe

Investigators traced restricted Nvidia chips through Singapore-based Megaspeed and related entities into China, including servers linked to a firm founded by Alice Huang.