U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, three people familiar with the matter said.
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.
Trump administration is talking about more export control restrictions on NVIDIA AI GPU sales to China, after DeepSeek kicks US ass in the AI arena.
DeepSeek, the company behind the recent AI chatbot R1, is being investigated by US officials to see if they imported banned Nvidia chips.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
Funcionarios de la administración Trump estudian imponer restricciones adicionales a la venta de chips por parte de Nvidia Corp. a China, según personas familiarizadas con el asunto. Las conversaciones se encuentran en una fase muy temprana.
Nvidia shares hit their lows of the day on Wednesday after Bloomberg reported Trump administration officials are "exploring additional curbs" on the company's chip sales to China.
DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, Bloomberg News reported on Wednesday.
DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model for a fraction of the cost.