14 Nov, 2022

The United States has limited the supply of AI-Chips to China and Russia

The United States has limited the supply of AI-Chips to China and Russia

The US government limited the export of chips used for supercomputers and artificial intelligence to China and Russia. About this writes The New York Times.

NVIDIA products fell under new licensing restrictions. The US Department of Trade has May 2022 In numbers: informed the chipmaker on the ban on the supply of A100 and H100 graphic processors, developed to accelerate machine learning tasks, to Russia and China.

The government believes that new requirements will prevent the risks of using these products for military purposes of any of the countries.

“We apply an integrated approach to the implementation of additional actions necessary for technologies […] to protect the national security of the United States and the interests of foreign policy,” said the representative of the US Department of Trade.

NVIDIA recognized in the statement for SEC that the restriction may prevent the completion of the H100 processor development.

The US government allowed companies to produce and chips in China.

NVIDIA reported that the authorities approved the export, re -export and transmission of technology within the country necessary to create integrated H100 chips.

Techigant expected to earn about $ 400 million on sales of Chinese companies in the third financial quarter of 2022. However, NVIDIA may lose potential income if its Chinese clients refuse to buy alternative products or the government will not provide a license.

The company also reminded of the stopping of products to Russia.

Restrictions also affected AMD. Tech Gigant will not be able to export the Mi250 chips to China. However, the corporation does not believe that this will have a great influence on her business.

A few hours after the statement of the NVIDIA share fell by 6.5%. AMD securities fell by 3.7%.

Earlier, the US Department of Trade tightened export control over the technologies for creating chips to prevent Chinese manufacturers from using them.

Recall that in July NVIDIA stopped selling and extending the software licenses in Russia.

In November 2021, the American authorities have blacklisted Chinese developers of quantum computing systems.

In July, the US Department of Trade imposed sanctions against 14 technological companies in the PRC in connection with violations of human rights in relation to the Uyghur minority in Sinjiang.

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