Nvidia says US sped up new export curbs on AI chips

Chip designer Nvidia said new US export curbs on the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the deadline.

The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to stop countries, including China, Iran and Russia, from receiving advanced AI chips designed by Nvidia and others.

Nvidia does not expect a near-term impact on its earnings from the move, it disclosed in a filing on Tuesday, but did not say why the US government had accelerated the timing.

Advanced Micro Devices, also impacted by the curbs, did not immediately respond to Reuters‘ requests for comment, while the US Department of Commerce declined to comment.

Intel, which began selling its Gaudi 2 chips in China in July, said it was “reviewing the regulations and assessing the potential impact.”

The restrictions bar exports of Nvidia’s modified advanced AI chips A800 and H800 – both of which were created for the Chinese market to comply with previous export rules.

The Nvidia A100, H100 and L40S chips are also impacted by the curbs.

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AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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