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Biden cuts China off from more Nvidia chips, expands curbs to other countries

WASHINGTON โ€” The Biden administration plans to halt shipments to China of more advanced artificial intelligence (AI) chips designed by Nvidia and others, part of a raft of measures released on Tuesday (Oct 17) that seek to stop Beijing from receiving cutting-edge US technologies to strengthen its military. The rules, which go into effect in 30 days, restrict a broader...
United States Georgetown University District Of Columbia Janet Yellen Gina Raimondo Lam Research

Analysis-US throws Nvidia a lifeline while choking off China's chipmaking future

While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly threw Nvidia, Intel and Advanced Micro Devices (AMD) a potential lifeline to preserve lucrative business in one of the world's biggest chip markets. Buried deep in more than 400 pages of rules issued on Tuesday, officials at the U.S. Bureau of Industry and Security (BIS) said they are open to the semiconductor industry's input for finding ...
San Francisco United States Piper Sandler Stephen Nellis Clete Willems Dan Hutcheson
Source: yahoo.com

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