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

US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’

CryptoExpert by CryptoExpert
August 31, 2023
in Regulation
0
US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’
  • Facebook
  • Twitter
  • Pinterest



You might also like

Anonymous DeFi Is Dying, Analyst Says XRP Ledger Is the Future

MiCA list expands with 12 companies in fourth post-deadline update

BTC Tries to Break Out as $66,000 Comes Into Play

Regulators in the United States have asked Nvidia to curb exports of artificial intelligence (AI) chips to “some Middle East countries,” according to its latest quarterly report. 

In the report released on Aug. 28, the company said the new regulations affect its A100 and H100 chips, which help enhance the speed of machine-learning tasks. Nvidia did not specify what countries in the Middle East are impacted.

Advanced Micro Devices (AMD), a direct competitor of Nvidia, was also given a letter by U.S. regulators requesting the same ban on high-level AI chip exports to some Middle Eastern countries, according to a Reuters report.

The quarterly report from Nvidia states that the new regulatory filing would not have an “immediate material impact” on its business, nor does it make up a “meaningful portion” of its revenue.

Phemex

However, in a separate statement, it said it is working with the U.S. government to address the matter.

Related: US reportedly plans to restrict China’s access to cloud computing services

The quarterly report did mention the ongoing AI chip export regulations the U.S. government has placed on China. 

Nvidia said that past restrictions have still allowed them to sell alternative products in China, including their less powerful A800 or H800 chips.

However, the company warned that long-term results could be “harmed” if it is “effectively excluded from all or part of China.” Of its $13.5 billion in sales from the recent fiscal quarter ending on July 30, the majority came from the U.S., China and Taiwan, and about 13.9% came from other countries combined.

Initial export controls were implemented in October 2022 by the Biden administration in an effort to isolate China from powerful semiconductor chips.

On June 29, officials in Washington said they are considering tightening restrictions on AI chip exports to China even further and limiting the computing power of chips to stunt the flow of chip availability in the Chinese market.

In response to the measures taken by the U.S., the Chinese government said it will control the export of gallium and germanium products, which are primary components to produce AI chips.

AI-related regulations and restrictions coming from the U.S. have caused other countries to consider their own position in the race to develop powerful systems.

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

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

Anonymous DeFi Is Dying, Analyst Says XRP Ledger Is the Future

by CryptoExpert
August 5, 2026
0
Anonymous DeFi Is Dying, Analyst Says XRP Ledger Is the Future

Analyst Jake Claver argues DeFi is standing at a fork in the road, and the path it takes will determine whether institutional capital ever shows up at scale....

Read more

MiCA list expands with 12 companies in fourth post-deadline update

by CryptoExpert
August 5, 2026
0
MiCA list expands with 12 companies in fourth post-deadline update

ESMA’s latest MiCA update brings the number of authorized CASPs to 321 and adds three entities to its non-compliant register. Source link

Read more

BTC Tries to Break Out as $66,000 Comes Into Play

by CryptoExpert
August 5, 2026
0
BTC Tries to Break Out as $66,000 Comes Into Play

Bitcoin is making another attempt to break out of its recent trading range today, and one analyst says the setup still leaves room for a move higher before...

Read more

US, UK Deepen Crypto Regulatory Coordination After GENIUS Act

by CryptoExpert
August 4, 2026
0
Cointelegraph

Latest NewsPublishedAug 4, 2026In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework...

Read more

Are Legacy Layer-1 Tokens Ready for a Comeback?

by CryptoExpert
August 4, 2026
0
RAIN, Canton, and Velvet Eye New Highs As Traders Watch Weekend Breakouts

After months of lagging the broader crypto market, legacy Layer-1 tokens Cosmos (ATOM) and Polkadot (DOT) are back in the spotlight. Both cryptos have staged rebounds from key...

Read more
Next Post
Maker (MKR) price regains momentum as Spark Protocol inflows rise

Maker (MKR) price soars amid South Korea expansion push

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) $ 64,545.00
ethereum
Ethereum (ETH) $ 1,908.84
tether
Tether (USDT) $ 0.999194
bnb
BNB (BNB) $ 595.02
usd-coin
USDC (USDC) $ 0.9996
xrp
XRP (XRP) $ 1.06
solana
Solana (SOL) $ 74.06
tron
TRON (TRX) $ 0.327374
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
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?