Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Chinese AI chip market finds expansion paths despite US export restrictions

CryptoExpert by CryptoExpert
November 9, 2023
in Regulation
0
Chinese AI chip market finds expansion paths despite US export restrictions
  • Facebook
  • Twitter
  • Pinterest



You might also like

Coinspaid Dev’s Alexey Tulia calls for closer ties between protocol and infrastructure teams

Pavel Durov’s Plush Pepe Purchase Adds Fuel To TON NFT Market

Spain Regulator Rules out Extension for Non-MiCA Compliant Crypto Companies

The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions imposed by the United States in October 2022, which prohibited the sale of certain U.S. products to China. 

The U.S. initially blocked the export of the highest level of chips produced by companies like Nvidia and AMD. Under the initial October controls, the companies were still able to export other models to China, such as Nvidia’s A800 and H800.

One year later, on Oct. 17, 2023, the U.S. government announced an expansion of controls to “reinforce” the previous ones, meaning all chip models would be embargoed from the Chinese market.

One of Nvidia’s top gaming chips, the L40S chip, is also affected by the latest export restrictions, which were immediately effective on Oct. 24.

okex

However, on Nov. 9, local Chinese media outlet STAR Market Daily reported that Nvidia has plans to release three new chips for China. The report cited people familiar with the matter and said the chips are called the HGX H20, L20 PCIe and L2 PCIe.

Nvidia reportedly could announce the new chips as early as Nov. 16. Cointelegraph has reached out to Nvidia for comment but hasn’t yet received a response.

According to a quarterly report from Nvidia earlier in 2023, China is one of its largest markets, along with Taiwan and the United States.

Related: Chinese president calls for unity on AI challenges and cyber development

Additionally, Chinese companies have been turning to domestic companies to fulfill their needs for AI chips. 

On Nov. 7, Reuters reported that the Chinese technology company Baidu had ordered AI chips from Huawei in August.

According to the report, Baidu ordered 1,600 of Huawei’s 910B Ascend AI chips for 200 servers. Huawei’s 910B chips are supposed to be an alternative to Nvidia’s A100.

The report said that by October, Huawei delivered more than 60% of Baidu’s chip order, which is roughly 1,000 chips and has a total value of approximately 450 million yuan ($61.83 million). The remaining chips are expected by the end of the year.

Baidu is one of China’s leading AI companies. In October, it released its Ernie 4.0 AI system, which it says has an overall performance “on par with ChatGPT.”

Over the summer, the Biden administration reportedly said it is even considering adding restrictions on China’s access to cloud computing services.

On Oct. 23, U.S. Undersecretary of Commerce for Industry and Security Alan Estevez reiterated that fear to reporters at an event in Tokyo, particularly highlighting concerns over usage for military purposes.

Magazine: AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Coinspaid Dev’s Alexey Tulia calls for closer ties between protocol and infrastructure teams

by CryptoExpert
June 28, 2026
0
Coinspaid Dev’s Alexey Tulia calls for closer ties between protocol and infrastructure teams

Speaking at Futura Camp during Berlin Blockchain Week 2026, Coinspaid Dev Executive Leader Alexey Tulia framed the discussion through 11 years of production experience operating across more than 20 blockchain networks.In a presentation titled “Dear...

Read more

Pavel Durov’s Plush Pepe Purchase Adds Fuel To TON NFT Market

by CryptoExpert
June 27, 2026
0
Pavel Durov’s Plush Pepe Purchase Adds Fuel To TON NFT Market

Digital collectibles on Telegram seems to be in trend. Today, Telegram founder Pavel Durov recently purchased Plush Pepe for 7,500 GRAM on The Open Network before transferring the...

Read more

Spain Regulator Rules out Extension for Non-MiCA Compliant Crypto Companies

by CryptoExpert
June 27, 2026
0
Cointelegraph

The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did not receive approval to...

Read more

Bitcoin Price Prediction : Analyst Fear a Dip Below $30K,  possible If

by CryptoExpert
June 27, 2026
0
Bitcoin Price Prediction : Analyst Fear a Dip Below $30K,  possible If

The post Bitcoin Price Prediction : Analyst Fear a Dip Below $30K,  possible If appeared first on Coinpedia Fintech News Bitcoin may still be far from its ultimate...

Read more

US Senators Push to End CFTC ‘Assault’ on State Oversight of Prediction Markets

by CryptoExpert
June 26, 2026
0
Cointelegraph

A group of 17 Democratic US senators is pressing leadership in a key committee to address the Commodity Futures Trading Commission (CFTC) using federal funds in lawsuits against...

Read more
Next Post
Is it altseason? Altcoin 30-day performance and total market cap flash bullish

Is it altseason? Altcoin 30-day performance and total market cap flash bullish

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 60,089.00
ethereum
Ethereum (ETH) $ 1,573.30
tether
Tether (USDT) $ 0.998564
bnb
BNB (BNB) $ 556.57
usd-coin
USDC (USDC) $ 0.999725
xrp
XRP (XRP) $ 1.05
solana
Solana (SOL) $ 70.82
tron
TRON (TRX) $ 0.322216
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?