US Restricts Advanced Chip Exports To China And Russia

FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith  

Axios: U.S. restricts chip sales to China 

Graphics-chip maker Nvidia announced in a Securities and Exchange Commission filing Wednesday that the U.S. government is restricting sales to China, "effective immediately."  

Driving the news: The U.S. government has imposed a new license requirement "for any future export to China (including Hong Kong) and Russia" in order to "address the risk that the covered products may be used in, or diverted to, a 'military end use,'" per the filing.  

Why it matters: The new rule marks a significant escalation in the Biden administration's efforts to prevent future supply chain crises and increase competition with China's government — as tensions with Beijing continue to simmer following visits to Taiwan by House Speaker Nancy Pelosi and other U.S. officials this month.  

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WNU Editor: China has responded to these new U.S. restrictions .... China demands US drop tech export curbs after Nvidia warning (AP). 

 US Restricts Advanced Chip Exports To China And Russia  

U.S. Restricts Sales of Sophisticated Chips to China and Russia -- New York Times  

US limits chip sales to Russia and China – media -- RT  

No GPUs for you: US blocks sales of AI chips to China and Russia -- Ars Technica  

US orders Nvidia and AMD to stop selling AI chips to China -- CNN  

U.S. officials order Nvidia to halt sales of top AI chips to China -- Reuters  

Nvidia stock falls after U.S. government restricts chip sales to China -- CNBC  

Explainer-Biden's curbs on chips to China part of broader effort -- Reuters