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

The Commerce Department's Bureau of Industry and Security clarified that export license rules apply to Chinese-headquartered firms regardless of where they operate

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

Published July 3, 2026 · Category: Markets

Overview

The Commerce Department's Bureau of Industry and Security clarified that export license rules apply to Chinese-headquartered firms regardless of where they operate

Source

Originally published at qz.com.

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