Nvidia Expects Ban On Chip Exports To China To Cost $5.5b

The US authorities has said it wants to restrict exports to China because they could beryllium utilized for a supercomputer. AMD expects nan restrictions to costs it $800 million.

Nvidia now expects caller US authorities restrictions connected exports of its H20 spot to China will costs nan institution arsenic overmuch arsenic $5.5 billion, Reuters reports.

Nvidia’s H20 spot is utilized for AI development; nan US authorities has said it wants to restrict exports of nan spot to China because of concerns it could beryllium utilized to build a supercomputer. The H20 spot is nan astir precocious that Nvidia has been allowed to waste successful China, though it is not arsenic accelerated arsenic nan chips nan institution sells extracurricular China.

AMD’s MI308 spot and its counterparts person besides been restricted, a move nan institution estimates will costs it $800 million, Techcrunch reports.