The U.S. banned Nvidia's best chips from going to China. Now it's trying to close a crucial loophole
Reported by CNBC · cnbc.com · August 19, 2026
Chinese AI firms have reportedly accessed advanced Nvidia computing power overseas, testing U.S. export controls. Lawmakers weigh closing the cloud-access gap.
What the tape says
What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.
Market reaction today: $NVDA -2.91%
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