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

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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