$NVDA
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$NVDA - US GOVERNMENT TURMOIL STALLS THOUSANDS OF EXPORT APPROVALS Thousands of U.S. export license applications, including for China, are stalled due to dysfunction at the Commerce Department’s export bureau, sources say. The agency has delayed new rules, cut communication with industry, and lost key staff. High-profile delays include Nvidia’s AI chip shipments to China, with no licenses issued yet despite assurances—putting billions in orders at risk. One official says the backlog is the worst in over 30 years. Nvidia and the Commerce Department declined to comment.
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