US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad‎

New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a matter of geography. A Chinese AI company barred from buying Nvidia’s best processors […] This story continues at The Next Web