S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$64,346▼0.5% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsTrade & TariffsU.S. weighs closing cloud access loophole for Nvidia A…

U.S. weighs closing cloud access loophole for Nvidia AI chips to China

Lawmakers are considering steps aimed at stopping Chinese AI firms from testing advanced Nvidia computing power through overseas access points that could bypass U.S. export controls.

CNBC Markets reports that Chinese AI companies have reportedly accessed advanced Nvidia computing power overseas and used it to test systems, raising questions about how U.S. export controls apply in practice.

The outlet says the development comes as lawmakers weigh options to close a loophole tied to cloud access, after the U.S. moved to restrict Nvidia's best chips from being shipped to China.

CNBC World described the same situation, noting that the policy debate centers on whether overseas access routes for cloud-based computing can undermine the intent of the export restrictions.

No further details on specific legislative proposals or timelines were provided in the source material.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.