The US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities.
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls.
U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, Bloomberg News reported on Wednesday.
DeepSeek- which is backed by Chinese hedge fund High-Flyer- had said in July 2022 that it owned and operated a cluster of 10,000 A100 Nvidia chips, which are a less advanced version of Nvidia’s AI chips, developed specifically for China. The chips are also compliant with U.S. export restrictions.
While investors fret about what the arrival of DeepSeek means for their all-in bet on American artificial intelligence dominance, they’re ignoring even bigger questions.
Samsung Electronics Co. has obtained approval to supply a version of its fifth-generation high-bandwidth memory chips to Nvidia Corp., according to people familiar with the matter.
Intel Corp. reported better-than-feared fourth-quarter revenue, but warned that its return to competitiveness will take time.
DeepSeek is facing allegations of copying technology from competitors such as OpenAI, as well as from Donald Trump's AI advisor, David Sacks, and billionaire Vinod Khosla.