The United States has reportedly stalled Advanced Micro Devices’ bid to sell an artificial intelligence chip with lower performance capability to China. Citing people familiar with the matter, Bloomberg reported that U.S. officials informed AMD that the AI processor was still classified as powerful. They advised the chipmaker to secure a license from the Department...
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New Export Restrictions Imposed on Nvidia, AMD’s AI Chips
The United States is requiring Advanced Micro Devices and Nvidia to secure licenses prior to exporting artificial intelligence chips to some countries in the Middle East. According to a Reuters article, Nvidia said in a regulatory filing that the new export rule would not have “immediate material impact” on its financial results. AMD does not...