A report from the Wall Street Journal says that the US government is considering new restrictions on the export of artificial intelligence chips to China. Following the publication of this report, the stock values of companies such as Nvidia, AMD and several Chinese artificial intelligence companies fell.
Sources familiar with the matter have told the Wall Street Journal that the US Department of Commerce wants the month June Stop selling chips from Nvidia and other chip companies to Chinese customers. Nvidia said in September last year that US government officials had asked the company to stop selling its two main artificial intelligence chips to China.
A few months later, the CEO of Nvidia announced the release of another chip called A800 for China in order to comply with export laws and be able to respond to its customers. But now these new rules can even sell the A800 chip without receiving a special license from the Ministry of Commerce Prohibited slow
The decline in the value of shares of Chinese artificial intelligence companies
These new rules could also affect other companies such as AMD and Micron. In addition, the path of progress of Chinese companies active in the artificial intelligence industry will also suffer. Hence, China’s CSI Artificial Intelligence Index 3 percent drop has found.
The value of the shares of Inspur Electronic Information Industry and Chengdu Information Technology, a subsidiary of the Chinese Academy of Sciences, respectively, is approx 10 and 8 percent has fallen These companies are mainly engaged in the production of computers and software.
The stock prices of other companies such as Alibaba, which has a chatbot similar to ChatGPT, and Tencent, which is working on an artificial intelligence model, are also in order. 1.6 and 1.58 percent have fallen
The Wall Street Journal says the US government is worried about China’s growing capabilities in artificial intelligence. The country has reportedly even asked South Korea not to let its companies fill Micron’s void in China.
RCO NEWS