Biden to further limit Nvidia AI chip exports in final push
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The Biden administration is planning to impose further restrictions on the export of AI chips from companies like Nvidia Corp. This move is aimed at preventing advanced technologies from reaching China and Russia.
January 09, 2025 | 2:30 pm
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Nvidia Corp. is facing new export restrictions from the Biden administration, which aims to limit the export of AI chips to China and Russia. This could impact Nvidia's sales and market access in these regions.
The new export restrictions directly target Nvidia's AI chip sales to China and Russia, which could lead to a decrease in revenue from these markets. The restrictions are part of a broader strategy to prevent advanced technologies from reaching these countries.
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