The company disclosed the accelerated timing in a filing.
The federal government has told Nvidia that the restrictions on some of its AI chips exported to China will go into effect immediately—a month sooner than the company expected, according to a regulatory filing.
On Tuesday, in the filing, Nvidia said it learned of the earlier start date from the Commerce Department on Monday. Last week, the agency had placed licensing requirements on the company for specific data- center products—the A100, A800, H100, H800, and L40S—were scheduled to go into effect after 30 days.
Nvidia said it doesn’t expect the accelerated timing to have a “near-term meaningful impact on its financial results,” given the strong demand for its chips worldwide.The government unveiled the first round of export restrictions last year to impede China’s ability to use advanced AI technology for military purposes. The additional restrictions announced last week were an update to those measures.
Even with the tightened restrictions, Nvidia probably has robust orders for its AI products from customers outside of China. Last week, Taiwanese chip maker TSMC said artificial intelligence orders had improved over the last three months. TSMC is Nvidia’s main supplier of AI chips.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia extends gains amid reports it’s taking on Intel in PC chip marketAI leader Nvidia is reportedly looking to leverage technology from Arm Holdings to make chips for the PC market in what could be a major challenge to Intel.
Read more »
US chip curbs give Huawei a chance to fill the Nvidia void in ChinaUS chip curbs give Huawei a chance to fill the Nvidia void in China
Read more »
Intel stock drops on report Nvidia is working on an ARM-based PC chipIntel currently has the majority of the market for PC chips, with AMD coming in second.
Read more »
Intel stock drops on report Nvidia is working on an Arm-based PC chipIntel currently has the majority of the market for PC chips, with AMD coming in second.
Read more »
Nvidia and AMD plan to launch Arm PC chips as soon as 2025, Reuters reportsMicrosoft could be set to expand its Windows on Arm efforts thanks to AMD and Nvidia. Both are rumored to be launching Arm-based CPUs as soon as 2025.
Read more »
Nvidia, Arm to develop chips based on Arm technology: reportJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Read more »