U.S. Commerce updates export curbs on AI chips to China
March 29, 2024 at 04:56 pm EDT
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WASHINGTON (Reuters) - The Biden administration on Friday revised five-month-old rules aimed at making it harder for China to access U.S. artificial intelligence chips.
Those rules, released last October, seek to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, part of a raft of measures aimed at stopping Beijing from receiving cutting-edge U.S. technologies to strengthen its military.
The Commerce Department said on Friday it was making clarifications and corrections effective April 4.
(Reporting by Alexandra Alper and David Shepardson; Editing by Bill Berkrot)
NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows:
- computing and networking solutions (55.9%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.;
- graphics processors (44.1%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms.
Net sales break down by industry between data storage (55.6%), gaming (33.6%), professional visualization (5.7%), automotive (3.4%) and other (1.7%).
Net sales are distributed geographically as follows: the United States (30.7%), Taiwan (25.9%), China (21.5%) and other (21.9%).