“The only place in the world where Chinese companies are legally allowed to buy chips is inside the United States of America.”
ChinaTalk · Geopolitics & World Affairs · November 2026
Context
Chris McGuire was listing what the Commerce Department could do on its own to stop AI chip diversion, including a ban on Chinese companies buying chips in the US. He noted that many of Megaspeed's chips appear to have come through a US subsidiary, a loophole that needs no new legislation to close.
Transcript
…of the other loopholes. So, you really, really need the Commerce Department to take those actions themselves. They need to impose license requirements for large-scale AI chip orders globally and for all orders on Southeast Asia. They need to impose restrictions on remote access. They need to ban
Chinese companies from buying chips in the
United States. The only place in the world where Chinese companies are legally allowed to buy chips is inside the United States of America. And actually, most of the chips that Megaspeed got, they seem like they got from this company of Virez that is a subsidiary of Insper. It's the U.S. subsidiary of Insper. And Insper is on the entity list. But you have, you
know, there's this is insane. Like, you have the entity, the subsidiary of an entity-listed company is legally buying chips inside the United States. So, like, we need commerce to just tighten
all this up and just make clear
like our policy is the president's policy. The president's policy is no black wells to China. We're going to make that clear across the board and make sure that there's no black well access
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