U.S. reportedly approved Nvidia chip sales to Chinese firms with empty offices

The U.S. has reportedly authorized sales of Nvidia ’s AI chips to Chinese companies, despite concerns over the legitimacy of these firms. Allegations have surfaced that some of the approved companies have vacant offices and ties to entities on a U.S. blacklist. This development is linked to the U.S. Commerce Department’s export control policies, which are under scrutiny for allowing such sales amid national security concerns. The news comes as Beijing restricts large-scale imports of Nvidia’s H200 chips, creating a complex landscape for the semiconductor industry. Watch for any official statements from the U.S. Commerce Department that could clarify the criteria for these approvals. Nvidia’s upcoming earnings report on November 17 will be a key indicator of how these developments might affect its financial performance.

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