Nvidia Faces Export Restrictions Amid Global AI Chip Debate
With an eye on national security, the new approach seeks to protect U.S. technical superiority. Warning that the proposed limits might compromise America's competitive advantage in the global AI race and slow down economic development, Nvidia has rejected them. After the news, after-hours trading saw Nvidia's shares drop almost 1%.
Biden to further limit Nvidia AI chip exports in final push
Shares of Nvidia, the leading maker of AI chips, dipped more than 1% in late trading after Bloomberg reported on the plan. They had been up 4.3% this year through the close, following stratospheric gains in 2023 and 2024 that turned the company into the world’s most valuable chipmaker.
The Biden administration is planning to impose more restrictions on chip sales to China and Russia, according to a report.
tom's Hardware on MSN2d
Nvidia cuts down the China-specific RTX 5090D's AI TOPS by almost 23%Lo and behold, Jensen Huang finally lifted the veil off the RTX 5090, RTX 5080, and the RTX 5070 family last night with the ...
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