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US Closes AI Chip Loophole on China: Nvidia Loses $17B Market

On June 1, 2026, the U.S. closed the AI chip export loophole covering overseas units of Chinese firms. Nvidia's China market share fell to zero, erasing $17B…

By Giulia Ferrante

Article overview

On June 1, 2026, the U.S. closed the AI chip export loophole covering overseas units of Chinese firms. Nvidia's China market share fell to zero, erasing $17B…

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