High-profile universities and state-run research institutes in China have been relying on a U.S. computing chip to power their artificial intelligence (AI) technology but whose export to the country Washington has now restricted, a Reuters review showed. U.S. chip designer Nvidia Corp last week said U.S. government officials have ordered it to stop exporting its […]
AI Chips
Micron Technology Inc will invest about $15 billion over the next 10 years in a new memory-chip manufacturing facility in Boise, Idaho, where it is based, the company said on Thursday. The investment takes into account anticipated federal grants and credits under the CHIPS and Science Act and will create 17,000 jobs by the end […]
The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and Advanced Micro Devices to stop sending their flagship artificial intelligence chips there. While the news shocked the chip sector by the time markets closed Thursday, sending the Philadelphia semiconductor index down 1.9 percent […]
A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced AI chips for training modules in the country, experts said. Chip designer Nvidia Corp said on Wednesday that U.S. officials told it to stop exporting two top computing chips […]
New restrictions on exports of cutting-edge chips from Nvidia Corp to China have signaled an escalation of the U.S. crackdown on Beijing’s technological prowess and alarmed investors already worried about an industry downturn. Shares of Nvidia fell 11 percent to $133.46 on Thursday, wiping out more than $40 billion in market value and dragging the […]