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Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs Tech company had been pushing to make chip shipments for next year before new restrictions came into effect. New U.S. export controls may compel artificial-intelligence giant to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources.
The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rules were scheduled to come into effect in mid-November.
The United States government enacted its new export restrictions on high-end artificial intelligence (AI) GPUs bound for China and middle-eastern countries so swiftly that Nvidia could not ship about $5 billion worth of AI and HPC GPUs to its Chinese partners. As a result Nvidia had to cancel orders from Alibaba, Baidu, and Byte Dance and re-allocate those GPUs to other companies. Hopefully companies here in the US will now have AI priority over China?
The United States government enacted its new export restrictions on high-end artificial intelligence (AI) GPUs bound for China and middle-eastern countries so swiftly that Nvidia could not ship about $5 billion worth of AI and HPC GPUs to its Chinese partners. As a result Nvidia had to cancel orders from Alibaba, Baidu, and Byte Dance and re-allocate those GPUs to other companies. Hopefully companies here in the US will now have AI priority over China?
www.wsj.com