The United States reportedly authorized the sale of Nvidia artificial intelligence chips to Chinese companies despite concerns about the legitimacy of those firms. Some approved companies reportedly have vacant offices and ties to entities on a U.S. blacklist. The development comes as the Commerce Department’s export control policies face scrutiny over national security concerns. At the same time, Beijing is restricting large-scale imports of Nvidia’s H200 chips. Markets view the approvals as potentially positive for Nvidia’s revenue, while its November 17 earnings report and any further regulatory measures should clarify the impact.
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