🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Biden to cut China off from more Nvidia chips, expand curbs to more countries
Economic Times
·
1y ago
Medial
The Biden administration plans to halt shipments of advanced artificial intelligence chips by Nvidia and others to China as part of efforts to prevent Beijing from acquiring cutting-edge US technologies for military purposes. The new rules aim to restrict China's access to advanced semiconductors and close loopholes in previous regulations. The measures will also apply to countries including Iran and Russia, while Chinese chip designers Moore Thread and Biren will be added to the blacklist. The United States and China have been engaged in a technology war, and these curbs further escalate tensions between the two nations.
View Source
Related News
Nvidia plans China research centre as export curbs bite: Report
Economic Times
·
2m ago
Medial
Nvidia is planning to establish a research and development center in Shanghai due to tighter US export restrictions impacting its Chinese sales. These restrictions prevent Nvidia from selling advanced AI chips to China, intensifying competition from local firms like Huawei. The proposed center will focus on understanding Chinese customer needs and adhering to export controls, while core design and production remain outside China. Nvidia maintains its commitment to the Chinese market and its US-China trade interaction.
View Source
US updates export curbs on AI chips and tools to China
Economic Times
·
1y ago
Medial
The Biden administration has revised rules to make it more difficult for China to access U.S. artificial intelligence (AI) chips and chipmaking tools over national security concerns. The new rules, effective Thursday, clarify that the restrictions on chip shipments to China also apply to laptops containing those chips. The aim is to curb Beijing's chipmaking industry and prevent the advancement of China's military capabilities. The rules were released in October and are part of ongoing efforts by the U.S. Commerce Department to update restrictions on technology shipments to China.
View Source
US mulls capping Nvidia AI chips exports to some countries
Economic Times
·
9m ago
Medial
U.S. officials are considering restricting the sales of advanced AI chips from companies like Nvidia on a country-specific basis, specifically targeting Persian Gulf countries, in an effort to protect national security, according to Bloomberg. The discussions are in the early stages and no final decisions have been made. The U.S. Commerce Department unveiled a rule last month that could potentially ease shipments of AI chips to data centers in the Middle East. The Biden administration has been expanding licensing requirements for chip exports to countries at risk of diversion to China.
View Source
US curbs on chip tools to China nearly finalised
Economic Times
·
1y ago
Medial
The Biden administration is nearing the final stages of reviewing an updated rule that would restrict exports of US chipmaking equipment to China. These restrictions are expected to tighten the existing rules and close loopholes in order to limit the shipment of semiconductor equipment and advanced AI chips to China. The new rule has been posted on the Office of Management and Budget (OMB) website, indicating that it is close to being implemented. The Biden administration is also planning to publish a companion rule to update restrictions on exports of high-end chips used for artificial intelligence.
View Source
US chip curbs give Huawei a chance to fill the Nvidia void in China
Economic Times
·
1y ago
Medial
The U.S. measures to limit the export of advanced AI chips to China may create an opportunity for Huawei to expand in its home market as Nvidia retreats. Huawei has been developing its own chips comparable to Nvidia's, but still lags behind in performance and ecosystem. However, if Huawei can replicate Nvidia's ecosystem and overcome intellectual property rights challenges, it could grab Nvidia's market share in China. This aligns with Huawei's goal of becoming a key provider of computing power for AI and promoting self-sufficiency in China.
View Source
US closer to greenlighting Nvidia chips for Saudi Arabia
Economic Times
·
11m ago
Medial
The U.S. government is reportedly considering allowing Nvidia, a leading chip manufacturer, to export advanced chips to Saudi Arabia. This move could aid the country in training and running powerful AI models. Saudi Arabia is making efforts to comply with U.S. security requirements to acquire these chips, which were a topic of discussion at the recent GAIN AI summit in the country. The Biden administration had previously imposed restrictions on AI chip exports to countries like the UAE and China. Saudi Arabia has also been cautious about its involvement with Chinese firms in the AI space. Nvidia and the U.S. Department of Commerce declined to comment on the matter.
View Source
Indian data centre firm Yotta's Nvidia AI chip orders to reach $1 billion: CEO
Economic Times
·
1y ago
Medial
Indian data centre operator Yotta plans to purchase an additional $500 million worth of AI chips from Nvidia, bringing their total order book to $1 billion. Yotta aims to enhance its AI cloud services with these chips, comprising nearly 16,000 units of Nvidia's artificial intelligence chips H100 and GH200. This move is significant for Nvidia, as it faces export restrictions to China and other countries. Yotta is a partner of Nvidia in India and operates data centre campuses in Mumbai, Gujarat, and near New Delhi.
View Source
China warns of 'necessary actions' if US escalates chip curbs
Economic Times
·
8m ago
Medial
China issued a warning to the United States, stating that it would take necessary actions to protect its firms if the U.S. escalated chip control measures. Reports suggest that the Biden administration might unveil new export restrictions on Chinese chip companies. The U.S. has been tightening controls on semiconductors due to concerns about China's military advancements. China strongly opposes these measures, stating that they disrupt the international economic and trade order and damage cooperation between the two countries. China plans to protect the legitimate rights of its enterprises if control measures intensify.
View Source
US restricts exports of some Nvidia chips to Middle East countries
Economic Times
·
1y ago
Medial
The US government has imposed restrictions on the export of certain Nvidia artificial intelligence chips to specific Middle Eastern countries. Nvidia revealed this in a regulatory filing, stating that it was informed during the second quarter of fiscal year 2024 about an additional licensing requirement for a subset of A100 and H100 products destined for certain customers and regions, including the Middle East. The filing did not specify the countries affected. This move comes a year after the US instructed Nvidia to halt exports of the same chips to China for AI work.
View Source
US denies blocking chip sales to Middle East
Economic Times
·
1y ago
Medial
The Biden administration has not blocked chip sales to the Middle East, clarified a spokesperson from the US Department of Commerce. Earlier, Nvidia disclosed new export license requirements for its AI chips, while it's confirmed that Advanced Micro Devices (AMD) is also affected. The rules would require Nvidia to seek licenses before selling chips to certain Middle Eastern countries. Neither company has indicated whether they've applied for licenses or their outcomes. This follows a similar trend of the US controlling technology exports for national security reasons, though the specific risks posed by the Middle East remain unclear.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
