Tag: US China tech war

Nvidia AI chips worth $1 billion entered China despite US curbs: Report

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[ad_1] Nvidia’s advanced artificial intelligence chips worth at least $1 billion were smuggled to China in the three months after Washington tightened chip export controls, the Financial Times reported on Thursday. The AI chip designer’s high-end B200 processors, banned for sale in China, is widely available on a thriving Chinese black market for US chips, […]

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Tech shares fall after Nvidia says new US controls on exports of AI chip will cost it $5.5 billion

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[ad_1] Shares in computer chipmakers slumped Wednesday after Nvidia said tighter U.S. government controls on exports of computer chips used for artificial intelligence will cost it an extra $5.5 billion. The company, which announced Monday that it will produce its artificial intelligence super computers in the United States for the first time, said the government […]

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