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Governments want to limit exports of AI chips to China – WSJ

  • June 28, 2023
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The US is considering new restrictions on the export of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday. This was reported by Ukrinform with

The US is considering new restrictions on the export of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday.

This was reported by Ukrinform with reference to the WSJ and Reuters.

The Commerce Department will halt shipments of chips to customers in China by Nvidia and other companies in early July.

It is noted that this ban will especially affect chip manufacturers Nvidia, Micron and AMD.

Nvidia said in September that US officials had asked the company to stop exporting two of its leading AI chips to China.

A few months later, Nvidia promised China new chips that comply with export control regulations.

But the new restrictions the ministry is working on will apply to them as well. A special export license will be required to sell these goods.

Against the background of these news, shares of American graphics processor maker Nvidia fell more than 2% in trading, and shares of electronics maker Advanced Micro Devices fell by about 1.5%.

Source: Ukrinform

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