#export controls

Yangtze Memory Technologies plans a fourth fab in Wuhan, scheduled to begin construction in 2027, and is targeting domestic equipment at 60% of purchases, with a maximum of 70%, up from more than 50% at its third fab, Reuters reported. The plant would produce NAND flash with more than 300 layers for data-center and AI storage. These are plans rather than completed capacity: cleaning, polishing and etching tools are expected to supply much of the domestic increase, while lithography and inspection equipment would still depend on overseas suppliers. YMTC&\x27;s China NAND market share has risen to 38.5%, ahead of Samsung, and its total capacity could double once its new fabs are fully operational, according to the report.

Moonshot AI is reportedly negotiating to rent more than 8,000 Nvidia Blackwell GPUs from European neocloud data centers, mainly for inference and some training, according to CNBC&\x27;s account of unnamed sources. The arrangement would use remote access to work around U.S. export controls that bar Blackwell imports into China; the report says Moonshot may have to pay a 30%–50% higher prepayment than non-Chinese buyers. The White House said in July that the company had obtained Blackwell chips through a Thailand facility. The reported plan has not been confirmed by the companies involved.

Reuters reported, according to a Telegram repost, that about 600,000 Nvidia H200 chips are backlogged in Hong Kong awaiting Chinese import approval, as Beijing has not authorized large-scale imports. A small number of Chinese internet companies have each received roughly 10,000 chips in recent months, with additional units entering through intermediaries and indirect channels, according to the report. The H200 is not Nvidia’s newest model, but it reportedly still outperforms domestic alternatives; in late October, mainland quotes for eight-card H200 servers exceeded 6 million yuan, about triple the level a year earlier. The repost provides limited technical detail and has metadata inconsistencies, so the figures remain reported and unconfirmed.

According to a Financial Times report relayed by Tom&\x27;s Hardware, Nvidia has informally asked data-center operators worldwide to keep business from Chinese customers below 49% of new contracts, so that at least 51% comes from non-Chinese companies. The guidance reportedly applies globally and only to new and future contracts, not existing leases, and was conveyed orally by sales and regional teams without a formal document, leaving it unconfirmed. Nvidia defended current U.S. policy, saying U.S. chips underpin the global competitiveness of American model and application providers and that the policy encourages cloud providers to accept business from various regions on U.S. infrastructure.