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US considering new restrictions on AI chip exports to China - WSJ
The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Nvidia and Advanced Micro Devices (AMD) fell about 1.4 per cent on the news. Nvidia, Micron, and AMD are among the U.S. chipmakers caught in the crossfire between China and the Biden administration. In September, Nvidia had said that U.S. officials asked the company to stop exporting two top computing chips for artificial intelligence work to China. The Commerce Department will stop the shipments of chips made by Nvidia ... (full story)