All articles tagged with #chip exports
Nvidia is developing chips to comply with higher restrictions on chip exports to China, following recent curbs imposed by the US government citing security concerns. The restrictions have put approximately $5 billion worth of Nvidia chips in limbo, leading to an expected steep drop in sales to China in the short term. Despite this, Nvidia shares have seen significant gains this year.
Executives from leading U.S. semiconductor manufacturers, including Intel, Qualcomm, and Nvidia, met with the Biden administration to push back against proposed restrictions on chip exports to China. The Semiconductor Industry Association (SIA) argued that stricter controls could undermine investments made under the CHIPS Act and reduce the global market for American-made semiconductors. China accounted for over one-third of the global market for semiconductors last year, making it the largest single market. The SIA urged the U.S. government to engage more extensively with industry and experts before imposing further restrictions. The Biden administration is reportedly considering new restrictions on exports of advanced chips used in artificial intelligence systems to China.
The US government is considering new restrictions on the export of advanced computer chips used in artificial intelligence applications to China, as part of an effort to limit China's access to US technology amid ongoing trade tensions. The proposed restrictions would require companies to obtain a license to export certain types of AI chips to China, which could have significant implications for the global tech industry.
China's commerce minister has urged Japan to end its newly announced curbs on exports of chipmaking equipment, saying it would hurt economic and trade relations between the two countries. In March, Japan announced it would tighten rules on exports of 23 types of advanced semiconductor manufacturing equipment, joining the United States and the Netherlands in curbing the sale of key technology to China. Semiconductors have emerged as an important front in the tussle between Washington and Beijing over access to key technology.