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US extends list of states that can’t import its microchips – Reuters

by Admin
August 31, 2023
in News, Politics, World
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US extends list of states that can’t import its microchips – Reuters
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Published: August 31, 2023 10:26 am
Author: RT

The measures reportedly target unnamed countries in the Middle East

The US has expanded the list of nations targeted by its latest ban on supplies of artificial-intelligence chips produced by Nvidia and Advanced Micro Devices (AMD), adding several states in the Middle East to the semiconductor blacklist, Reuters reported on Thursday. 

According to Nvidia’s regulatory filing seen by the news agency, the curbs that affect its A100 and H100 chips –designed to speed up machine-learning tasks– won’t exert any “immediate material impact” on the company’s results. 

AMD, which has received a formal letter directing similar restrictions, also envisages no material impact on its revenue, a person familiar with the matter told Reuters. 

Neither Nvidia nor AMD have specified which countries in the Middle East are the latest to be affected by Washington’s export restrictions. 

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RT
US targets China’s tech sector – Reuters

Last September, the US Department of Commerce tightened its curbs on exports to China of semiconductors used for artificial intelligence, as well as chip-making tools. 

The measures were first introduced in 2015 amid competition between the world’s two largest economies for domination in key technologies, including semiconductors. China has been lagging behind the US in chip development, with its largest chipmaker SMIC aiming to wean itself off foreign technology. 

US major producers of semiconductors Nvidia, AMD and Intel have since all disclosed plans to create less powerful AI chips that can be exported to the Chinese market. 

Nvidia, which gave no reason for the new restrictions in its latest filing, last year said that US officials informed them the exports rule “will address the risk that products may be used in, or diverted to, a ‘military end use’ or ‘military end user’ in China.”

For more stories on economy & finance visit RT’s business section

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