StocksMedium•7 November 2026•
1 min read
US Approved Nvidia H200 Chip Exports to Suspect Chinese Firms, NYT Reports
Key Facts
1The U.S. Commerce Department approved dozens of Chinese companies to handle Nvidia's H200 chips despite empty offices and ties to sanctioned firms.
The U.S. Commerce Department approved dozens of Chinese companies to handle Nvidia's H200 chips despite those firms having empty offices and ties to sanctioned entities. The New York Times reported that lapses in the vetting process for export licenses potentially allowed advanced AI hardware to reach restricted Chinese entities through shell companies.
Nvidia shares closed at $186.64 on November 6, 2026, as the report raised the prospect of tighter export controls on high-end hardware. Among industry peers, AMD closed at $449.04 and TSM finished at $375.44 on November 6, 2026, while INTC closed the same session at $56.28.