Official announcement from the U.S. Department of Commerce or other relevant government agency

Biden Administration Weighs Capping Nvidia, AMD AI Chip Exports to Persian Gulf Nations

Oct 15, 2024, 01:00 AM

According to Bloomberg reports, the Biden administration is considering imposing export controls on advanced AI chips produced by Nvidia, AMD, and other American companies to certain nations, focusing on countries in the Middle East and the Persian Gulf region. The potential restrictions aim to limit the transfer of cutting-edge technology that could accelerate artificial intelligence development in these countries. Talks are reportedly in early stages, and the move could impact the global semiconductor market.