Altcoins News

Story: Nvidia and AMD Face Export Crackdown as BIS Closes Chinese Ownership Loophole

By Sakamoto Nashi

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Which Chips Are Actually Targeted. The new rules go after the top of the stack. Nvidia's Rubin and Blackwell chip families are in…

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Supply Chains, Crypto Tokens, and What Comes Next. For distributors, the know-your-customer bar just got a lot higher.

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Shares are bracing for a rough open. The Bureau of Industry and Security just dropped new guidance that extends licensing requirements to advanced AI chips sold anywhere in the…

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Markets have seen this movie before. When preliminary rules first floated the idea of requiring global export approvals for advanced AI chips, Nvidia dropped 1.8% and AMD fell 2.

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Nvidia's China revenue is basically already gone.

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The company reported zero Data Center Hopper shipments to China in the first quarter of fiscal 2027. Zero. That's a brutal contrast to the $4.

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BIS is now requiring licenses not just based on destination country but based on who ultimately owns the buyer. That's a meaningful shift.

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See also: Roman Storm Says DOJ Used Debanking to Gut His Tornado Cash Defense

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And that loophole being closed? It was a big one. The Trump administration had cancelled Biden-era restrictions, leaving a gap in enforcement.

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For distributors, the know-your-customer bar just got a lot higher. It's not enough to verify the buyer.

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There's a crypto angle here too, kind of an indirect one. AI-themed tokens have a habit of trading in sympathy with U.S. semiconductor stocks.

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Additional export restrictions have been layered on since 2024, touching entities in the Middle East and other regions.

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Related: Bond Markets Defy the Fed as 30-Year Treasury Yield Nears 5.1% and Barclays Pushes Rate Cut to 2027

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The next round of quarterly earnings reports will be the real test. Nvidia's record Data Center numbers bought it credibility with investors even as China revenue collapsed.

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Federal charges against the $2.5 billion smuggling ring are still working through the system.

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