Nvidia Stock Drops as U.S. Limits Exports to China. ‘Military End Use’ Is the Key.

The chip maker said the restrictions may affect its ability to develop a new product on time and could force it to move some operations out of China. Read More...


U.S. officials order Nvidia to halt sales of top AI chips to China

(Reuters) -Chip designer Nvidia Corp on Wednesday said that U.S. officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to carry out advanced work like image recognition and hamper a business Nvidia expects to generate $400 million in sales this quarter. Nvidia shares fell 4% after hours. The company said the ban, which affects its A100 and H100 chips designed to speed up machine learning tasks, could interfere with completion of developing the H100, the flagship chip Nvidia announced this year.

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