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(Reuters) – Chip designer Nvidia Corp on Wednesday stated that U.S. officers have ordered it to stop exporting two of its high computing chips for synthetic intelligence work to China, hampering a enterprise that accounted for $400 million in gross sales within the present quarter.
Nvidia stated the ban, which impacts its A100 and H100 chips designed to hurry up machine studying duties, may intrude with the completion of growing the H100, the corporate’s flagship chip introduced earlier this 12 months. The disclosure despatched share down about 3% in after-hours buying and selling.
The announcement alerts a serious escalation of the know-how tensions between america and China. With out American chips from corporations like Nvidia and its rival Superior Micro Units , Chinese language organizations can be unable to cost-effectively perform the sort of superior computing used picture and speech recognition, amongst many different duties.
AMD makes comparable flagship synthetic intelligence chips to Nvidia’s and didn’t instantly reply to re3uqest for remark. AMD shares had been down 2% in after hours buying and selling.
(Reporting by Eva Mathews in Bengaluru; Enhancing by Devika Syamnath and David Gregorio)
Copyright 2022 Thomson Reuters.
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