Huang Is Out of the Game: Now 20% of Nvidia's Asian Revenue Could Be at Risk
Nvidia Corp ‘s (NASDAQ:NVDA) interim CEO, Colette Kress , inherits a company whose China strategy has become a national security issue, just as one of its most prominent AI competitors prepares to enter the public markets. A May report from short seller Culper Research estimated that China still accounted for more than 20% of Nvidia’s fiscal 2026 compute revenue, despite U.S. export restrictions.…
Nvidia Corp's interim CEO, Colette Kress, faces a company where China presents a national security issue, as a May report from short seller Culper Research estimates that more than 20% of Nvidia's fiscal 2026 compute revenue comes from China, despite U.S. export restrictions. Culper's investigation reveals that much of this business flows through Southeast Asian intermediaries, such as Aivres Systems, a company previously known as Inspur Systems.
Aivres accounted for $4 billion of a $4.6 billion worth of imports from Malaysian subsidiary Megaspeed International between December 2024 and January 2026. The controversy also affects Nvidia's leadership, as co-founder Jensen Huang resigned amid an investigation into his relationship with former Megaspeed executive Alice Huang, who U.S. intelligence officials suspect of working for China's Ministry of State Security.
Culper alleges that Speedmatrix, now owned by Alibaba Group, pledged its entire business to Apex Enterprise Solutions, raising questions about how Nvidia reports its geographic revenue.
Written by urgent.news from Benzinga's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
