ðºðžðšð³ For nearly a year, a quiet loophole allowed Chinese firms to legally buy Nvidia's most advanced AI chips through overseas subsidiaries. The Commerce Department finally closed it on May 31. Blackwell, Rubin, and AMD MI350X chips were reportedly flowing to Chinese entities outside China whi
*U.S. MOVES TO HALT POTENTIAL SHIPMENTS OF NVIDIA AND AMD'S MOST SOPHISTICATED AI CHIPS TO CHINESE SUBSIDIARIES LOCATED OUTSIDE CHINA *NEW GUIDANCE CLOSES APPARENT LOOPHOLE CREATED WHEN TRUMP ADMINISTRATION STOPPED ENFORCING BIDEN-ERA GLOBAL RESTRICTIONS ON AI CHIP SHIPMENTS IN MAY 2025 #NVDA ⢠#A
U.S. AI Chip Export Clampdown Likely to Pressure Nvidia and AMD Shares at Open
ðºðžðšð³ For nearly a year, a quiet loophole allowed Chinese firms to legally buy Nvidia's most advanced AI chips through overseas subsidiaries. The Commerce Department finally closed it on May 31. Blackwell, Rubin, and AMD MI350X chips were reportedly flowing to Chinese entities outside China whi
US Commerce Department closes loophole on Nvidia chip exports to China
The U.S. spent years restricting AI chip exports to China. Turns out Chinese firms just needed an overseas mailing address. Commerce caught on, issued Sunday guidance saying license rules follow the HQ, not the subsidiary. Will it make it harder for China to get US chips? Absolutely. Will it stop