Reuters
Nvidia says U.S. speeded up new export curbs on AI chips
The restrictions were supposed to come into play 30 days from Oct. 17 when the Biden administration unveiled measures to stop countries, including China, Iran and Russia, from receiving advanced AI chips designed by Nvidia and others. Nvidia does not expect a near-term impact on its earnings from the move, it disclosed in a filing on Tuesday, but did not say why the U.S. government had accelerated the timing. Advanced Micro Devices, also impacted by the curbs, did not immediately respond to Reuters’ requests for comment, while the U.S. Department of Commerce declined to comment.