'U.S. Considers New Curbs On AI Chip Exports To China; Restrictions Come Amid Concerns That China Could Use AI Chips From Nvidia And Others For Weapon Development And Hacking' - WSJ
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The Biden administration is considering implementing new restrictions on exports of artificial intelligence chips to China due to concerns over the potential misuse of the technology. This could impact several US-listed companies that manufacture these chips, including Nvidia.
June 28, 2023 | 1:16 am
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NEGATIVE IMPACT
AMD, another manufacturer of AI chips, could also be negatively impacted by the potential export restrictions to China.
AMD, as a manufacturer of AI chips, could also see a decrease in sales if the US implements restrictions on exports to China. This could negatively impact the company's revenue and stock price.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 70
NEGATIVE IMPACT
Nvidia, a major manufacturer of AI chips, could be negatively impacted by the potential export restrictions to China.
As a major manufacturer of AI chips, Nvidia could see a decrease in sales if the US implements restrictions on exports to China. This could negatively impact the company's revenue and stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80