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The Nexus
SECURITYJul 3 · 13:50 UTCQUARTZCris Tolomia

The U.S. is closing a loophole that let Chinese firms buy Nvidia AI chips abroad

The U.S. is closing a loophole that allowed Chinese-headquartered firms to purchase Nvidia AI chips abroad. The Commerce Department's Bureau of Industry and Security clarified that export license rules apply to these firms regardless of their operational location.

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United StatesplaceCommerce Department's Bureau of Industry and SecurityorganizationChinese-headquartered firmsorganizationNvidia AI chipstopicexport license rulestopic
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