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      "text": "During the third quarter of fiscal year 2024, the USG announced new and updated licensing requirements for exports to China...",
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      "text": "During the third quarter of fiscal year 2024, the USG announced new and updated licensing requirements for exports to China and Country Groups D:1, D:4, and D:5 (including but not limited to, Saudi Arabia, the United Arab Emirates, and Vietnam, but excluding Israel) of our products exceeding certain performance thresholds, including, but not limited to, the A100, A800, H100, H800, L4, L40, L40S RTX 4090, GB200 NVL72, and B200.",
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      "text": "If we go to the Unites States Bureau of Industry and Security (BIS) which specifically oversees the exports of GPUs, we can see that the guidance states that controls have been placed on the chips...",
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      "text": "First Plus Financial Holdings is headquartered in Singapore, which is reportedly a major hub for smuggling NVIDIA GPUs. The CEO is Zhi Bo Li who has deep China connections...",
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      "text": "There are severe restrictions on NVIDIA's GPUs. NVIDIA itself warns that since Q3 2024 the US government has licensing requirements for numerous models, including the B200...",
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      "text": "First Plus Financial Holdings, A Singaporean Firm with Deep Connections to China Stepped into the Breach and Provided Financing When the Japanese Banks Balked",
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