Nvidia, a leading chip manufacturer, has confirmed that the United States’ new export restrictions on premium artificial intelligence processors for sale to China came into effect on Monday, following a one-week extension of the original deadline. These export restrictions, designed to prevent countries like China, Iran, and Russia from acquiring cutting-edge AI processors produced by Nvidia and other companies, were initially announced by the Biden administration on October 17. They were set to take effect 30 days after the announcement.
Nvidia stated in a filing on Tuesday that it does not anticipate any immediate impact on its earnings due to these changes. However, the company did not offer an explanation for the expedited timeline imposed by the U.S. government. Intel, which had launched the sale of its Gaudi 2 chips in China in July, also noted that it is reviewing the regulations and assessing their potential impact. The advanced AI chips A800 and H800, specifically developed by Nvidia for the Chinese market in compliance with previous export regulations, will no longer be available for export. Additionally, these restrictions will apply to the Nvidia A100, H100, and L40S CPUs.
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