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

CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets

South Africa’s Aggressive New Capital Flow Rules

This $1M Whale Bet on ApeCoin Came Before the 80% Surge—Is This Why APE Price Exploded?

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.

okex

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

CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets

by CryptoExpert
April 25, 2026
0
Cointelegraph

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms,...

Read more

South Africa’s Aggressive New Capital Flow Rules

by CryptoExpert
April 25, 2026
0
South Africa’s Aggressive New Capital Flow Rules

Key Takeaways South African Treasury draft rules require visitors to declare crypto or face up to 5 years in prison. New 2026 capital flow laws grant officials invasive...

Read more

This $1M Whale Bet on ApeCoin Came Before the 80% Surge—Is This Why APE Price Exploded?

by CryptoExpert
April 24, 2026
0
Coinpedia - Fintech & Cryptocurreny News Media

Apecoin raised many eyebrows with an over 80% jump in just a few hours. The price surged from $0.1013 to as high as $0.1965 with a mammoth rise...

Read more

Hong Kong Signals Web3 Push as $2B Tokenized Bonds Boost Efficiency

by CryptoExpert
April 24, 2026
0
Hong Kong Signals Web3 Push as $2B Tokenized Bonds Boost Efficiency

Key Takeaways: Hong Kong positioned digital assets as part of its core infrastructure, signaling strong policy support. Financial Secretary Paul Chan said tokenization boosts efficiency and access, driving...

Read more

STABLE Price Jumps 15% After CEO Spotlight, But Is This Rally Sustainable?

by CryptoExpert
April 23, 2026
0
Coinpedia - Fintech & Cryptocurreny News Media

STABLE price after days of silence it just woke up again and not quietly. A sharp 15% intraday spike has pushed the token back into relevance, fueled less...

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) $ 77,313.00
ethereum
Ethereum (ETH) $ 2,311.20
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 1.42
bnb
BNB (BNB) $ 628.18
usd-coin
USDC (USDC) $ 0.999876
solana
Solana (SOL) $ 85.73
tron
TRON (TRX) $ 0.324074
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?