Sunday, December 10, 2023

US orders Nvidia to immediately stop exporting some AI microchips

The American manufacturer of microprocessors and graphics cards, Nvidia, reports that the new rule for the implementation of additional controls on the export of advanced technological elements, announced by the United States Government this week, “begins immediately” and not after a period of 30 days as indicated.

In a communication sent by the multinational to the Securities Market Commission (SEC), Nvidia indicated that it was informed by the United States Government about the licensing requirements of the standard applicable to a series of computer products with high performance and designed or marketed for data centers, specifying that “it’s coming soon.”

“These licensing requirements were originally scheduled to become effective after a 30-day period, as previously described in the company’s current report on form filed with the SEC on October 17, 2023,” the company said, adding that exports of the A100, A800, H100, H800, and L40S models will be affected.

In any case, due to the strength of demand for the company’s products around the world, Nvidia says that it does not expect the accelerated schedule for the entry into force of the licensing requirements to have a significant short-term impact on its results.

The United States Commerce Department announced on Tuesday a further tightening of export controls on high-tech microchips that can be sold by Chinese manufacturers.

According to the head of the Commerce portfolio, Gina Raimondo, the purpose of strengthening the controls is to make it difficult for China to access the chips that will be key to the development of the field of artificial intelligence (AI) and computing. Advances in these sectors can be used to increase the technological capabilities of the Chinese Army.

World Nation News Desk
World Nation News Desk
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