Chinese AI Firms Rush to Rent Nvidia Chips Abroad Before the US Closes the Door

TLDR Chinese AI firms are trying to rent Nvidia-powered computing capacity at data centers outside China, three sources told Reuters. They fear a scandal involving Nvidia CEO Jensen Huang could lead the US to tighten rules on remote chip access. The Remote Access Security Act passed the House 369-22 in January and awaits a Senate vote. Grey-market traders in China are stockpiling restricted Nvidia chips. Nvidia shares were down 6.15% in recent trading and are down 9.4% this year. Chinese artificial intelligence companies are trying to rent Nvidia-powered computing capacity at data centers outside China. Three people familiar with the matter told Reuters about the effort.

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