US ban on Nvidia, AMD chips seen boosting Chinese rivals

The US ban on exports to China of Nvidia and AMD’s flagship artificial intelligence chips will create new business opportunities for domestic startups jockeying for a piece of China’s fast-growing data center chip market, industry executives and analysts told Reuters.

The ban is part of a longer effort by the US government to crack down on U S contributions to Chinese artificial intelligence and high-performance computing, or supercomputing. Last year, U.S. officials put seven Chinese supercomputing entities on an economic blacklist, and last week they banned Nvidia and AMD’s chips from export to China “to keep advanced technologies out of the wrong hands.”