China

Artificial Intelligence: US Government Bans Export Of High-Performance AI Chips To China By AMD and Nvidia

Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) have been told by the US government to suspend exports of certain high-performance chips, that have application in artificial intelligence, to China. Nvidia clarified in a regulatory filing that US officials had taken the step due to fears that the chips could potentially land up in the hands of a “military end user.”