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Nvidia says U.S. speeded up new export curbs on AI chips

2023-10-24 13:25
Chip designer Nvidia said new U.S. export restrictions blocking the sales of its high-end artificial intelligence chips to
Nvidia says U.S. speeded up new export curbs on AI chips

Chip designer Nvidia said new U.S. export restrictions blocking the sales of its high-end artificial intelligence chips to China had gone into effect on Monday after regulators advanced the timeline on the curbs from its 30-day period.

The company does not expect a near-term impact on its financial results from the accelerated timing, it disclosed in a filing on Tuesday.

The restrictions impact shipments of the company's modified advanced AI chips A800 and H800 - both of which it created for the Chinese market to comply with previous export rules. The Nvidia A100, H100, and L40S chips are also impacted by the curbs.

(Reporting by Aditya Soni in Bengaluru; Editing by Arun Koyyur)