Shanghai Century Litong reportedly moved $7.5 billion in Nvidia chips into China

A report from The Information alleges a four-month-old Chinese firm became an Nvidia preferred partner and channeled roughly 240,000 AI chips to Chinese buyers A company that barely existed in mid-2023 reportedly helped move at least $7.5 billion worth of Nvidia AI chips into China. That is according to The Information, which on November 10, 2026 published a detailed account of how Shanghai Century Litong allegedly sat at the center of a sprawling distribution network. Shanghai Century Litong was established in June 2023. By October 2023, it had reportedly secured preferred partner status with Nvidia. According to The Information, the firm functioned as a central hub in a network that facilitated Nvidia AI chip shipments to a range of Chinese enterprises.

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