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US Considers Limiting AI Chip Exports from Nvidia, AMD, and Other American Companies

Oct 15, 2024, 12:55 AM

The United States is reportedly considering imposing restrictions on the export of AI chips from Nvidia, AMD, and other American companies to certain countries. This move aims to control the distribution of advanced technology and maintain national security interests. The potential export limitations have significant implications for companies like Nvidia ($NVDA) and AMD ($AMD), as well as the broader technology sector ($BKX).