China plans to build 39 AI data centers using over 115,000 restricted Nvidia GPUs, with 70% going to a massive site in Xinjiang, potentially defying U.S. export bans and raising concerns over sourcing.

A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.

Nvidia Corporation remains a top AI infrastructure pick despite risks, and Advanced Micro Devices offers tactical opportunity. Click for more on AMD and NVDA.

If China isn't able to import these chips, it could be that China is ready to make its own. Given Nvidia boss Jen-Hsun Huang has commented on the country's growing capabilities, China might be getting ready to fill its data centres with its own AI chips in the near future.

Jensen Huang is told to refrain from meeting with companies suspected of undermining US chip export controls. Read more at straitstimes.com. Read more at straitstimes.com.

Nvidia shares were down 0.8% at $162.86 in premarket trading, in line with a slump in wider market futures. The stock rose 0.8% on Thursday and the company became the first to close above $4 trillion, cementing its position as the world’s most valuable by market capitalization.

Stacy Rasgon, Bernstein senior semiconductor analyst, joins 'Squawk Box' to discuss Nvidia's rally to a $4 trillion market cap, the ban on sales to China and what's next for the semiconductor sector.

Nvidia's market cap just hit $4 trillion, and it could rise further on positive market sentiment. Nvidia stock offers exciting opportunities for long-term investors. Nvidia (NASDAQ: NVDA) is back as the most valuable company in the world,