US Commerce Department Considers Restricting AI Chip Exports to China, Chipmakers Nvidia, Micron, and AMD Affected

The US Commerce Department is considering new restrictions on exports of artificial intelligence (AI) chips to China.

These restrictions could ban the sale of even A800 chips without a license.

Nvidia, Micron, and AMD are among the US chipmakers caught in the crossfire between China and the Biden administration.

In September, Nvidia had said that US officials asked the company to stop exporting two top computing chips for AI work to China.

Shares of Nvidia and Advanced Micro Devices (AMD) fell about 1.4% on the news.

The Department of Commerce did not immediately respond to a Reuters request for comment.