OAKLAND, Calif., Nov 7 (Reuters) - U.S. chip maker Nvidia Corp (NVDA.O) is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China's hands, the company confirmed on Monday.U.S. regulations set in early October effectively banned export of advanced microchips and equipment to produce advanced chips by Chinese chipmakers, part of an effort to hobble China's semiconductor industry and in turn the military.The A800 meets the U.S. Government’s clear test for reduced export control and cannot be programmed to exceed it," a Nvidia spokesperson said in a statement to Reuters.Nvidia has said that about $400 million worth of chip sales to China could be impacted in its fiscal third quarter ended in October due to the limits on high-end chips.Having a replacement chip could help lessen the financial blow."