SINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources.
The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rulesThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk's X valued at $19 billion one year after $44 billion purchaseChristopher Hutton is a technology reporter for the Washington Examiner covering Big Tech companies like Facebook and X as well as the regulatory efforts by Washington to rein in the tech companies. He previously wrote for a number of other outlets, including Daily Dot, Pando Daily, Religion Unplugged, and other outlets.
Source: dcexaminer - 🏆 6. / 94 Read more »
China EV maker BYD reports record quarterly profit of $1.42 billion in Q3China EV maker BYD reports record quarterly profit of $1.42 billion in Q3
Source: Investingcom - 🏆 450. / 53 Read more »
Top Wall Street analysts remain optimistic about these five stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Netflix and Nvidia.
Source: NBCLA - 🏆 319. / 59 Read more »
Top Wall Street analysts remain optimistic about these five stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Netflix and Nvidia.
Source: nbcchicago - 🏆 545. / 51 Read more »
I made an entire PC build for the price of one Nvidia GPUNvidia makes some top-notch GPUs, but you could build an entire AMD PC for the price of one graphics card.
Source: DigitalTrends - 🏆 95. / 65 Read more »
Nvidia-backed startup Seurat hints at IPO after $99 mln fundraise3D metal-printing startup Seurat Technologies on Monday hinted at potentially going public in the medium-term and said it had raised $99 million in a funding round co-led by chip designer Nvidia's (NVDA.O) venture capital arm.
Source: Reuters - 🏆 2. / 97 Read more »