Nvidia, AMD Face Chip Export Curbs, As Biden Administration Considers Restrictions On Middle-East Countries, Others: Report
Portfolio Pulse from Ananya Gairola
The Biden administration is considering restricting the export of advanced AI chips from Nvidia and AMD to certain countries, including those in the Persian Gulf, due to national security concerns. This move follows existing restrictions aimed at China and could impact Nvidia's GPU sales.
October 15, 2024 | 4:09 am
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AMD may also be affected by potential new export restrictions on AI chips to Persian Gulf countries, following similar restrictions on China. This could impact AMD's market opportunities in these regions.
Similar to Nvidia, AMD could face new export restrictions, limiting its ability to sell AI chips in the Persian Gulf. This follows existing restrictions on China, potentially affecting AMD's sales.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Nvidia may face new export restrictions on AI chips to Persian Gulf countries, potentially impacting sales. This follows existing restrictions on China, despite Nvidia's stock reaching an all-time high recently.
The potential new export restrictions could limit Nvidia's market access in the Persian Gulf, similar to existing restrictions on China. This could negatively impact sales, despite recent stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90