US draws sword against China's DeepSec… Targeting Nvidia chips too
The United States has intensified its technological restrictions on China by imposing new export controls on advanced AI chips, significantly impacting companies like Nvidia and AMD. 🔒 New Export Controls on AI Chips The U.S. government has mandated that Nvidia's H20 AI chips and AMD's MI308 chips now require export licenses for sales to China, with these licenses being indefinitely suspended. This action aims to prevent the use of these chips in Chinese supercomputers, which could enhance military capabilities. As a result, Nvidia anticipates a $5.5 billion charge due to unsellable inventory and canceled orders, while AMD expects an $800 million impact. 🇨🇳 Focus on DeepSeek AI The restrictions are partly in response to concerns about Chinese AI advancements, particularly the emergence of DeepSeek, a low-cost AI model that has disrupted the global AI landscape. U.S. officials are considering further penalties to prevent Chinese AI companies like DeepSeek from a...