US Restricts Nvidia Corp. From Selling AI Chips to China and Russia, Company Says
Tech firm Nvidia Corp. has been told by Washington not to sell two of its artificial intelligence (AI) acceleration chips to Beijing and Moscow, potentially affecting millions of dollars’ worth of revenues.
“On August 26, 2022, the U.S. government, or USG, informed NVIDIA Corporation, or the Company, that the USG has imposed a new license requirement, effective immediately, for any future export to China (including Hong Kong) and Russia of the Company’s A100 and forthcoming H100 integrated circuits,” NVIDIA said in a regulatory filing with the Securities and Exchange Commission (SEC) dated Aug. 26.
“DGX or any other systems which incorporate A100 or H100 integrated circuits and the A100X are also covered by the new license requirement.”…