Shenzhen AI Firm Discloses $92 Million in Servers With Banned Nvidia Chips

Overview

• Sharetronic disclosed Friday invoices for 276 Super Micro servers with Nvidia H100 or H200 chips and 32 Dell PowerEdge XE9680 units valued at 632 million yuan, or about $92 million.
• The records, dated May and June 2025, show sales to a Sharetronic subsidiary and do not identify the original seller.
• Super Micro and Dell say they have no record of any sales to Sharetronic.
• Sharetronic says its purchases came through legal channels, and Nvidia says partners must not ship controlled servers without U.S. approval.
• The disclosure arrived the same day prosecutors charged a Super Micro co‑founder in an alleged $2.5 billion diversion to China, and Sharetronic shares fell nearly 10% in Shenzhen trading.