CNBC
The U.S. banned Nvidia's best chips from going to China. Now it's trying to close a crucial loophole
Wednesday, August 19, 2026
The U.S. has restricted exports of Nvidia's advanced chips to China under regulations implemented in 2023. Chinese artificial intelligence companies have accessed these chips through cloud computing services located outside China, according to reporting by multiple outlets. U.S. lawmakers are considering measures to restrict such overseas access to advanced computing power, though specific legislative proposals have not been finalized.
Original reporting: https://www.cnbc.com/2026/08/19/china-ai-nvidia-chips-us-export-controls.html
