This article is misleading: The cards are already "AI accelerators" they just come in monstrous sizes and coolers that aren't suitable for cramming more than one into a computer (server) case.
What the Chinese chop shops are doing is removing the components and resoldering them on to smaller PCBs and putting on smaller (but more powerful and jet-engine loud) exhaust-style coolers.
Basically it's just old fashioned harvesting and re-using of PCB components. A common thing during the shortages of the COVID-19 pandemic.