Chinese Embassy In Washington Says China Says It "Firmly Opposes" Export Restrictions Imposed By U.S. On Advanced Artificial Intelligence Chips
Portfolio Pulse from Benzinga Newsdesk
The Chinese Embassy in Washington has announced that China firmly opposes the export restrictions imposed by the U.S. on advanced artificial intelligence chips, according to Reuters.
October 17, 2023 | 5:38 pm
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NEGATIVE IMPACT
AMD, as a producer of AI chips, may face challenges due to China's opposition to U.S. export restrictions.
AMD is a major producer of AI chips. If China, a significant market, opposes the export restrictions, it could negatively impact AMD's sales and revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Intel, a major AI chip manufacturer, could be negatively impacted by China's opposition to U.S. export restrictions.
Intel, as a major producer of AI chips, could face challenges in the Chinese market due to the country's opposition to U.S. export restrictions. This could potentially affect Intel's sales and revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nvidia, a leading AI chip manufacturer, could face challenges due to China's opposition to U.S. export restrictions.
Nvidia, as a leading producer of AI chips, could face challenges in the Chinese market due to the country's opposition to U.S. export restrictions. This could potentially affect Nvidia's sales and revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80