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The Latest Breaking News from Chris McGuire

US closes loophole that allowed Chinese-owned subsidiaries located outside China to buy AI chips — report claims that hundreds of thousands of advanced AI chips have been acquired through BIS blind spot

The BIS just issued a clarification that Chinese-owned subsidiaries are included in U.S. export controls, even if they're based outside of China. However, one source said that some companies have been using this loophole to acquire AI chips that estimated to be in the hundreds of thousands.

Tom’s Hardware

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

The unexpected guidance suggests the United States' ‌best AI chips ⁠may ⁠have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia for almost a year despite broader US efforts to starve Chinese firms of semiconductors needed to develop critical AI capabilities.

The Economic Times

US to halt Nvidia AI chip sales to Chinese firms

There are fears Chinese companies have taken advantage of a loophole to buy hundreds of thousands of the world's most advanced AI chips.

AAP

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The US has approved the sale of Nvidia H200 chips to 10 Chinese firms, but sources say they're still waiting for the go-ahead from China itself

Nvidia said it had 0% market share in China mere months ago.

PC Gamer

Nvidia's Huang joins Trump's China trip, spurring hopes for H200 deal

Nvidia CEO Jensen Huang is joining President Donald Trump's visit to Beijing. This inclusion sparks hope in China for progress on selling powerful AI chips. Huang's presence signals a potential shift in the ongoing standoff over these crucial technology sales. The trip aims to foster American business interests abroad.

The Economic Times

Supermicro Stock Crashes 33% After Co-Founder Arrested in $2.5 Billion Nvidia Chip Smuggling Scheme Tied to China

Supermicro co-founder Wally Liaw was arrested and charged by federal prosecutors with conspiring to smuggle $2.5 billion in Nvidia AI chip-powered servers to China. Shares of SMCI plunged 33%, erasing over $6 billion in market value. Here's everything investors and the tech industry need to know.

International Business Times

‘It means missile defence on datacentres’: drone strikes raise doubts over Gulf as AI superpower

Iran’s targeting of commercial datacentres in the UAE and Bahrain signals a new frontier in asymmetric warfare

The Guardian - UK

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The Longstanding College Football Record That Can Fall in the 2025 Playoff

Three programs have the chance to break a cycle of title-winning teams.

Sports Illustrated

9 household projects experts say you shouldn't DIY

Before attempting any projects around the house, ensure they don't require professional knowledge, skills, and tools and won't violate any local codes

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