As Washington ramps up chip export restrictions to unfriendly countries, Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices Inc. (NASDAQ:AMD) are in the midst of a geopolitical power shift that could disrupt the semiconductor industry’s global landscape.
In a report shared Monday, Bloomberg outlined the Biden administration’s imminent release of updated export rules targeting advanced semiconductors.
The new measures, expected to drop Friday, intensify the U.S.’s strategic efforts to slow China’s technological and military advancements by restricting access to high-performance computing chips.
New AI Export Framework: Allies And Adversaries
The regulations will reportedly create a three-tiered structure for semiconductor exports, emphasizing access tiers for key U.S. allies, neutral nations, and restricted countries.
China is expected to fall under the most severe tier, joining nations such as Russia, Iran, and …Full story available on Benzinga.com
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