{"id":1961215,"date":"2023-06-30T09:30:02","date_gmt":"2023-06-30T13:30:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nvidia-reacts-to-possible-us-chip-restrictions-to-beijing\/"},"modified":"2023-06-30T09:33:41","modified_gmt":"2023-06-30T13:33:41","slug":"nvidia-reacts-to-possible-us-chip-restrictions-to-beijing","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nvidia-reacts-to-possible-us-chip-restrictions-to-beijing\/","title":{"rendered":"Nvidia responds to potential US chip limitations for Beijing."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnvidia-reacts-to-possible-us-chip-restrictions-to-beijing%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1961215&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"post_content\">\n<div class=\"group\">\n<h2>Nvidia Downplays U.S. Chip-Export Restrictions to China<\/h2>\n<p>Nvidia is downplaying possible U.S. chip-export restrictions to China by the Biden administration.<\/p>\n<p>The Wall Street Journal reported on June 27 that the White House was mulling even more restrictions on artificial intelligence (AI) chip exports to China.<\/p>\n<p>A potential chip ban could affect Nvidia\u2019s status as the world\u2019s leader for the graphics processors needed to build AI software like ChatGPT.<\/p>\n<p>Nvidia\u2019s latest A100 and H100 chips are highly desired by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/from-impeaching-incitement-to-canceling-conservatism\/\" title=\"From Impeaching Incitement to Canceling Conservatism\">tech firms<\/a> around the world to build advanced AI systems.<\/p>\n<p>The U.S. Department of Commerce might stop chip shipments by Nvidia and other manufacturers to customers in China as early as July, the report said.<\/p>\n<\/p><\/div>\n<h3>Commerce Department Pressures Tech Firms to Halt Advanced Chip Exports to China<\/h3>\n<p>The White House is increasingly concerned that the company\u2019s technology could be used for military or espionage purposes by the Chinese Communist Party (CCP).<\/p>\n<p>Nvidia, Micron, and AMD are the chipmakers most affected by the escalating tensions between Beijing and Washington, and they may take a multibillion-dollar hit.<\/p>\n<ul>\n<li>The United States had already persuaded the top chip equipment manufacturers of the Netherlands and Japan to join its policy on curbing technological access to Beijing.<\/li>\n<li>On the other hand, the Biden administration allowed chip makers in South Korea and Taiwan to continue operating and expanding their existing plants in China that produce older and less advanced chips.<\/li>\n<\/ul>\n<p class=\"css-k3zb6l-Paragraph e1e4oisd0\">The Commerce Department ordered the San Jose, California-based tech giant last September to stop exporting two advanced computer chip models for AI work to China.<\/p>\n<p>The American embargo on exports of advanced microchips to China went into effect in October 2022, as the company saw its data-center chip added to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-pushes-stricter-china-export-control-cites-lax-enforcement\/\" title=\"GOP Pushes Stricter China Export Control, Cites Lax Enforcement\">export control list<\/a>.<\/p>\n<p>Last November, Nvidia CEO Jensen Huang announced that the firm was offering a new advanced chip called the A800 to China that was lower performing and met export control rules.<\/p>\n<p>The tech company later tweaked its flagship H100 chip earlier this year to comply with new regulations.<\/p>\n<p class=\"css-k3zb6l-Paragraph e1e4oisd0\">However, the latest restrictions being considered by the government would even ban the sale of A800 chips without a special U.S. export license, reported The Wall Street Journal.<\/p>\n<h3>Chinese Chip Market Is One of the World\u2019s Largest<\/h3>\n<p>China has been one of the largest markets for semiconductors for years.<\/p>\n<p>Atif Malik, an analyst at Citi, wrote in a note that last year\u2019s restrictions on China had a $400 million impact on sales, which could rise even higher due to increased demand for chips.<\/p>\n<div class=\"group\">\n<p>\u201cWe estimate China data center sales in the 5\u201310 percent range of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nvidia-reacts-to-possible-us-chip-restrictions-to-beijing\/\" title=\"Nvidia responds to potential US chip limitations for Beijing.\">total  billion data center sales<\/a> this year,\u201d Malik said. \u201cOverall, we believe AI demand will exceed supply this year and Nvidia can move its chips around.\u201d<\/p>\n<\/p><\/div>\n<p>The new export rules are expected to have a negative effect on chip stocks, which witnessed a major investment boom in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mainland-china-says-biden-must-change-u-s-policies\/\" title=\"Mainland China says Biden must change U.S. policies\">recent months due<\/a> to the major advancements in AI technology.<\/p>\n<p>\u201cWith an update o<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>power AI applications. However, Nvidia remains optimistic, stating that it has not seen any impact on its business yet. The company believes in the importance of global collaboration and hopes for a balanced approach in regulating technology exports to ensure national security without hindering innovation and economic growth.<\/p>\n","protected":false},"author":327,"featured_media":1961216,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-1961215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1961215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/327"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1961215"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1961215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1961216"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1961215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1961215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1961215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}