US considering new restrictions on AI chip exports to China: WSJ
THE United States is considering new restrictions on exports of artificial intelligence (AI) chips to China, The Wall Street Journal reported on Tuesday (Jun 27), citing people familiar with the matter.
Shares of Nvidia and Advanced Micro Devices (AMD) fell about 1.4 per cent on the news.
Nvidia, Micron and AMD are among the US chipmakers caught in the crossfire between China and the Biden administration.
In September, Nvidia had said that US officials asked the company to stop exporting two top computing chips for AI work to China.
The Commerce Department will stop the shipments of chips made by Nvidia and other chip companies to customers in China as early as July, the report said.
The Department of Commerce did not immediately respond to a Reuters request for comment.
The new curbs being mulled by the department would ban the sale of even A800 chips without a licence, the report added. REUTERS
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