Chinese AI firms scramble abroad for Nvidia capacity as US curbs loom

Chinese AI firms are rushing to secure Nvidia computing capacity abroad, according to sources cited by Reuters, driven by fears that coming U.S. export-control measures could choke off their access to the technology. The scramble is a preemptive move, not a reaction to rules already in force.

The trigger is the Remote Access Security Act. The U.S. House of Representatives voted 369-22 earlier this year to shut a loophole that lets foreign users reach advanced American cloud technology, but the legislation is still pending in the Senate. That chamber's decision is the next checkpoint.

Prediction markets are already pricing in the uncertainty, with contracts reflecting doubt about Nvidia's stock performance in the wake of the potential regulatory shift. Traders are also watching markets tied to an AI bubble burst and to whether NVDA trades above a set level in November 2026.

Nvidia's earnings report on November 17 is the next hard number on the calendar and could sharpen the market's read on the company's performance. Beyond that, U.S.-China relations and any fresh export restrictions will drive expectations for Nvidia and the sectors around it.