State-linked Chinese entities are reportedly using cloud services from Amazon.com Inc. (NASDAQ:AMZN) and other providers to bypass U.S. export restrictions and access advanced Nvidia Corp. (NASDAQ:NVDA) chips and artificial intelligence capabilities. What Happened: U.S. export restrictions were imposed over the past two years to limit the Chinese military’s capabilities by curtailing their access to high-end AI chips. However, these entities have found a loophole by using cloud services, which are not considered a violation of U.S. regulations as they only regulate exports or transfers of a co…
