US weighs capping exports of AI chips from Nvidia and AMD to some countries

Quick Summary:

The new approach would set a ceiling on export licences in the interest of national security.

Officials are focused on Persian Gulf countries that have a growing appetite for AI data centres and the deep pockets to fund them, the people said.

Nvidia, the market leader for AI chips, also declined to comment, as did Advanced Micro Devices (AMD).

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaSaudi ArabiaUnited Arab EmiratesUnited States

Topics: Export China Companies Nvidia Countries Chip Advanced Administration Security Chips Officials

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 12:20:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 848 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23067591

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

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Publisher ID: #25

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