US reportedly considering sweeping new chip export controls [TechCrunch]
Advanced Micro Devices, Inc. (AMD)
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Source: TechCrunch
Now, we have an idea of what the administration is thinking. U.S. regulators have allegedly drafted rules that would require U.S. government approval to ship AI chips anywhere outside the U.S., according to Bloomberg , citing sources. This would give the U.S. significantly more control over companies like AMD and Nvidia. TechCrunch reached out to AMD, Nvidia, and the U.S. Department of Commerce for comment. In these drafted rules, companies and governments outside the U.S. would have to be granted approval by the U.S. Department of Commerce to purchase these chips. The review process would vary based on the size and scale of the potential purchase, Bloomberg reported. For example, a small order by a company outside the U.S. may warrant a basic review while a sizable order could require the company's corresponding government to get involved. This could, of course, all change before a final announcement or ruling, but the proposal would represent significantly more government
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AMD
News
- Nvidia and AMD Could Face Worldwide AI Chip Export Controls Imposed By the Trump Administration [Yahoo! Finance]Yahoo! Finance
- Jim Cramer says the market is stuck in limbo – and the Iran war isn't the only cause [CNBC]CNBC
- New Export Rules Could Be Coming for AI Chipmakers' Sales [Yahoo! Finance]Yahoo! Finance
- US reportedly considering sweeping new chip export controls [Yahoo! Finance]Yahoo! Finance
- US mulls requiring permits for global Nvidia, AMD AI chip sales [Yahoo! Finance]Yahoo! Finance
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