Nvidia dips on report U.S. considering new A.I. chip export restrictions for China

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Nvidia dips on report U.S. considering new A.I. chip export restrictions for China
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The restrictions would impact Nvidia and AMD and come after the federal government already imposed controls on how powerful Chinese-export chips could be.

The federal government is weighing further restrictions on exporting powerful computing chips to China, the kind that power A.I. models, the Wall Street Journal reported Wednesday.

The restrictions would impact Nvidia and AMD, both of which make powerful processors used in A.I. applications. The Biden administration has already tightened controls, forcing Nvidia to create a weaker version of its flagship A100 for China, but even that weakened chip wouldn't be allowed under the rules under consideration.Gina Raimondo, US secretary of Commerce, from left, Antony Blinken, U.S. secretary of state, and Katherine Tai, US trade representative, at a discussion during the US-EU Trade and Technology Council meeting in College Park, Maryland, US, on Monday, Dec. 5, 2022.

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