China's Internet Giants Order $5 Billion of Nvidia Chips To Power AI Ambitions -...
source link: https://hardware.slashdot.org/story/23/08/10/2232233/chinas-internet-giants-order-5-billion-of-nvidia-chips-to-power-ai-ambitions
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China's Internet Giants Order $5 Billion of Nvidia Chips To Power AI Ambitions
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The Biden administration last October issued a sweeping set of rules designed to freeze China's semiconductor industry in place while the U.S. pours billions of dollars in subsidies into its chip industry. Nvidia offers the A800 processor in China to meet export control rules after U.S. officials asked the company to stop exporting its two top computing chips to the country for AI-related work. Nvidia's finance chief said in June that restrictions on exports of AI chips to China "would result in a permanent loss of opportunities for the U.S. industry", though the company expected no immediate material impact.
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