The US initially blocked the export of the highest level of chips in October 2022, but expanded the controls a year later to include all chip models. This has led to concerns over China's access to cloud computing services and potential military usage. Despite the restrictions, China remains one of Nvidia's largest markets, along with Taiwan and the US.
Key takeaways:
- The U.S. has imposed export restrictions on high-level AI chips to China, affecting companies like Nvidia and AMD.
- Despite these restrictions, Nvidia is planning to release three new chips for China, according to local Chinese media.
- Chinese companies are turning to domestic companies like Huawei to fulfill their AI chip needs, with Baidu ordering 1,600 of Huawei’s 910B Ascend AI chips.
- The Biden Administration is considering adding restrictions on China’s access to cloud computing services, with concerns over usage for military purposes.