Biden administration will restrict the export of advanced chips to China, such as Nvidia, in order to "plug loopholes."
Hawk_Finance
2023-10-18 17:43:43
2.63W
Share to:
Collect
Hot List Ranking
- Xiaomi's tri-fold phone patent exposed, launching in 2025?Cristiano
- ByteDance Denies Coorperation with TSMC on AI Chip ManufactureMaud
- China's Meal Waste Grease is being madly snatched up by the US!Hawk News
- Canada proposes tariffs on Chinese electric cars!Hawk News
- US House passes bill targeting China! White House opposes!Hawk News
The Biden administration updated export control rules for artificial intelligence (AI) chips on October 17, planning to prevent companies such as Nvidia from exporting advanced AI chips to China.。Following the announcement, Nvidia shares plunged nearly 5%, AMD shares plunged more than 2%, and Intel shares fell 1.7%。According to the latest rules, Nvidia's chip exports to China, including A800 and H800, will be affected.。The new rules will take effect after 30 days of public consultation.。In response, Nvidia said: "We comply with all applicable regulations and strive to provide thousands of applications that support different industries.。Given the global demand for our products, we do not expect (the new regulations) to have a material impact on our financial results in the near term.。"
·Original
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like