DeepSeek Report Puts Nvidia's Chip Exports in Focus Moz Farooque ACCA Fri, November 13, 2026 at 8:56 AM EST 2 min read NVDA +2.23% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Nvidia (NASDAQ:NVDA) is facing fresh questions about how its AI chips reach China after The Information reported that a company linked to Alice Huang invested about $14 million in Chinese AI developer DeepSeek. The report puts Nvidia's oversight of third-party distributors in focus as interim CEO Colette Kress takes over following founder Jensen Huang's resignation.
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The Information, citing corporate records and people familiar with the transaction, reported that Shanghai-listed Jiangsu Lettall Electronics invested 95 million yuan through an entity connected to DeepSeek's funding round, which closed in October.
The outlet also reported that companies linked to Alice Huang promised access to advanced Nvidia processors subject to U.S. export restrictions.
The report identifies Lettall as the investor and leaves open whether Nvidia or Jensen Huang had any role in the transaction. For shareholders, the financial risk lies in whether the scrutiny leads to tighter oversight of distributors or new restrictions on where Nvidia can sell its chips.
Nvidia's board announced an independent investigation on Nov. 8 and said at the time it had no reason to believe company secrets or national security had been compromised.
On Nov. 12, Nvidia announced Huang's immediate resignation and named Kress, its chief financial officer, interim CEO. Reuters reported that Nvidia shares fell as much as 14% Thursday before closing down 4.3%.
Nvidia reports earnings Nov. 17, giving Kress her first opportunity as interim CEO to address whether export licensing or distributor reviews could affect shipments. Data center revenue, gross margins and forward guidance will show whether demand in markets Nvidia can serve is strong enough to offset any additional restrictions.
The board investigation is a separate catalyst. Findings about how Nvidia vets resellers, or any formal action by U.S. regulators, could change the sales outlook even if demand for its chips remains strong.
