The US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities.
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
The Black Swan author Nassim Taleb is warning that Monday’s brutal selloff in Nvidia Corp. is just a taste of what’s in store for investors who blindly piled into Wall Street’s AI-driven stock rally.
The release by the Chinese artificial intelligence lab DeepSeek of an AI model that is faster and more efficient than anything currently on the market, and is also free, just sent shockwaves through the AI sector.
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever amid panic over DeepSeek.
U.S. officials are investigating whether Chinese AI startup DeepSeek sourced advanced Nvidia (NASDAQ: NVDA) processors through Singapore distributors to bypass U.S. sanctions, Bloomberg reported. The probe centers
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls.
Samsung Electronics Co. has obtained approval to supply a version of its fifth-generation high-bandwidth memory chips to Nvidia Corp., according to people familiar with the matter.
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Trump administration is talking about more export control restrictions on NVIDIA AI GPU sales to China, after DeepSeek kicks US ass in the AI arena.