An Nvidia building – Photo: Qilai Shen/Bloomberg (Getty Images) Despite mounting trade restrictions, Nvidia (NVDA) is significantly expanding its presence in China, focusing on artificial intelligence chips for autonomous vehicles, Bloomberg reports. Both a Chinese government antitrust investigation and escalating trade tensions between Beijing and Washington complicate the semiconductor giant’s efforts. According to Bloomberg, Nvidia…
Washington has unveiled sweeping new regulations aimed at curbing China’s ability to develop advanced semiconductors critical to military technologies, artificial intelligence, and hi-tech weaponry. The measures, announced on Monday by the Commerce Department’s Bureau of Industry and Security, impose export restrictions on 24 types of chipmaking equipment and three categories of software essential for semiconductor…
By Karen Freifeld (Reuters) -Taiwan Semiconductor Manufacturing Company notified the U.S. that one of its chips had been found in a Huawei product after tech research firm TechInsights took apart the product and revealed a possible violation of export restrictions on the Chinese company, according to a person familiar with the matter. The teardown was…
(Reuters) -Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt to have it manufacture AI chips for China’s Huawei in circumvention of export controls. The U.S. government restricted the export of high-end AI chips to China two years ago, citing the need to limit the Chinese…
Key US lawmakers are pressing the Biden administration to block Huawei Technologies suppliers from buying American chipmaking gear, escalating efforts to prevent the sanctioned Chinese telecoms giant from making progress on semiconductor manufacturing. The top Republican and Democrat on the House China Select Committee outlined their concerns in a letter Wednesday to Commerce Secretary Gina…
Biden administration officials have discussed capping sales of advanced AI chips from Nvidia and other American companies on a country-specific basis, people familiar with the matter said, a move that would limit some nations’ artificial intelligence capabilities. The new approach would set a ceiling on export licenses for certain countries in the interest of national…
STORY: U.S. stocks ended mixed on Friday, with the Dow notching a record closing high and all three indexes logging their third straight week of gains. The Dow climbed a third of a percent, the S&P 500 closed slightly lower and the Nasdaq ended down about four tenths of a percent. Data from the Commerce…
President Joe Biden’s administration has proposed rules that would ban hardware and software made by Chinese and Russian companies for connected vehicles, deepening the US government’s efforts to address concerns that they say could become national security vulnerabilities. After months of meetings with carmakers and industry experts to understand how such a move would affect…
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns – a move that would effectively bar nearly all Chinese cars from entering the U.S. market. The planned regulation, first reported by Reuters, would also…
The US Commerce Department is expected to propose new rules aimed at banning Chinese hardware and software in connected and autonomous vehicles on US roads. According to a report by Reuters, the move, driven by national security concerns, would prohibit the import and sale of vehicles from China with communication or automated driving system components….