US Allows Nvidia To Export, Transfer Tech To Develop Flagship AI Chip

Nvidia said on Thursday that the U.S. government has allowed exports and in-country transfers needed to complete the development of its flagship artificial intelligence chip. From a report: The disclosure comes a day after Washington told the company to stop exporting its two top computing chips for AI work to China, a move Nvidia said could interfere with the development of the H100 chip it announced this year. The ban signaled a major escalation of the U.S. crackdown on China's technological capabilities as tensions bubble over the fate of Taiwan, where chips for Nvidia and almost every other major chip firm are manufactured. The ban, which affects Nvidia's A100 and H100 chips designed to speed up machine learning tasks, sent the company's shares down 4% before the bell. In its statement on Thursday, Nvidia said U.S. officials have authorized it to perform exports needed to provide support for U.S. customers of A100 through March 1, 2023.

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