Nvidia and AI Chip Stocks Prepare for Potential New Export Ban to China

Reported 1 day ago

Nvidia Corporation and other semiconductor companies may face additional export restrictions from the Biden administration targeting China, aimed at consolidating AI technology development with allied nations. The proposed measures could introduce tiered limits on chip exports, with the most severe restrictions affecting China and similar countries. Despite previous growth due to AI advancements, companies are urging the government for softer sanctions, as the chip industry continues to recover from pandemic-related supply chain disruptions.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis