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Inspur Used Its Aivres Shell to Send $5.6 Billion in Nvidia Chips to China

Summary by Startup Fortune
A New York Times investigation found that Inspur Group, blacklisted by Washington since 2023, kept buying Nvidia's most advanced AI chips through Aivres, its unlisted California subsidiary. Aivres shipped over $5.6 billion in advanced tech through Southeast Asia between April 2024 and February 2026, including more than $3 billion in Blackwell-equipped servers that reportedly ended up with ByteDance and Alibaba.
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Startup Fortune broke the news on Tuesday, September 22, 2026.
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