us crack down
Nvidia Corp, a chip designer, said on Wednesday that U.S. officials had told it to stop exporting two top AI chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to perform advanced work such as image recognition and harm Nvidia’s business in the country, Reuters reports.
The statement marks a significant increase in the United States’ crackdown on China’s technical capabilities as tensions rise over the destiny of Taiwan, where AI chips for Nvidia and nearly every other major semiconductor business are built.
Nvidia’s stock dropped 6.6% after hours. The embargo, which affects its A100 and H100 chips meant to accelerate machine learning operations, might impede the completion of the H100, the business’s flagship AI chip launched this year, according to the company.
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