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US Chip Makers Hit by New China Export Rule

upstart writes:

US chip makers hit by new China export rule:

Nvidia says the US government requires a new licence, effective immediately, to address the risk of chips being "used in, or diverted to a 'military end use'... in China and Russia".

There are fears the rule could lead to millions of dollars in lost revenue.

Shares of both chipmakers slipped in after-hours trading in New York.

Nvidia's shares were down by 6.6% while AMD slipped 3.7%.

[...] In a statement, Beijing said "The US side should immediately stop its wrongdoing, treat companies from all over the world including Chinese companies fairly, and do more things that are conducive to the stability of the world economy."

No GPUs for You: US Blocks Sales of AI Chips to China and Russia

upstart writes:

No GPUs for you: US blocks sales of AI chips to China and Russia:

In a Securities and Exchange Commission filing last Friday, Nvidia reported that US government officials have ordered restrictions on sales of its top AI chips to China and Russia. The new restrictions (in the form of licensing requirements, subject to approval by the US government) include the powerful A100 Tensor Core GPU, the upcoming H100, and any chips of equivalent power or systems that incorporate them. The goal is to "address the risk that the covered products may be used in, or diverted to, a 'military end use' or 'military end user' in China and Russia," according to Nvidia, which notes that the firm already does not sell products to customers in Russia.

Reuters reports that the Department of Commerce intends for the new policy to "keep advanced technologies out of the wrong hands." China isn't happy about the restrictions, calling the move part of a "tech blockade." The US has also restricted sales of AMD's MI250 Accelerator AI chip to China. Whether this effort will have any effect on China's AI capability in the long term remains to be seen, as Chinese firms have begun developing their own GPUs for graphics and AI use.

Original Submission #1  Original Submission #2 

1. "upstart" - https://soylentnews.org/~upstart/
2. "US chip makers hit by new China export rule" - https://www.bbc.com/news/business-62747401
3. "No GPUs for you: US blocks sales of AI chips to China and Russia" - https://arstechnica.com/information-technology/2022/09/us-restricts-sales-of-high-end-nvidia-ai-chips-to-china-and-russia/
4. "Securities and Exchange Commission filing" - https://www.sec.gov/ix?doc=/Archives/edgar/data/0001045810/000104581022000146/nvda-20220826.htm
5. "A100 Tensor Core GPU" - https://www.nvidia.com/en-us/data-center/a100/
6. "H100" - https://www.nvidia.com/en-us/data-center/h100/
7. "reports" - https://www.reuters.com/technology/nvidia-says-us-has-imposed-new-license-requirement-future-exports-china-2022-08-31/
8. "MI250 Accelerator" - https://www.amd.com/en/products/server-accelerators/instinct-mi250
9. "developing their own GPUs" - https://www.scmp.com/news/china/science/article/3188578/chinese-tech-firm-launches-gpu-chip-it-claims-marks-new-era
10. "Original Submission #1" - https://soylentnews.org/submit.pl?op=viewsub&subid=56709
11. "Original Submission #2" - https://soylentnews.org/submit.pl?op=viewsub&subid=56710

printed from SoylentNews, US Chip Makers Hit by New China Export Rule on 2023-05-23 20:58:32