Nvidia may lose more than $5 billion in orders due to expanded restrictions on chip exports to China
Hawk_Finance
2023-11-02 18:11:32
3.46W
Share to:
Collect
Hot List Ranking
- Federal Reserve's September interest rate decision: cut interest rates by 25 basis points as scheduled or cut interest rates twice during the yearCristiano
- If the iPhone 17 is hard on the front, can the Xiaomi 17 fight?Wilson
- Outlook for the Federal Reserve's September interest-rate meeting: The Fed's split escalates, and the market waits for a signalEvelyn
- Doo Financial Observation| Observe the "stock god"'s thinking of reducing holdings from Buffett's clearance of BYDCristiano
- Expectations for interest rate cuts heat up, and gold approaches US$3800, hitting a record highEvelyn
According to "exclusive news" released by U.S. media on October 31, the U.S. government has expanded export restrictions on Chinese chips and imposed additional licensing requirements on chip products shipped to more than 40 countries to avoid resale to China.。China's big AI and cloud companies, including Alibaba, ByteDance and Baidu, have placed big orders for delivery next year, and AI giant Nvidia may be forced to cancel orders to export more than $5 billion in advanced chips to China next year, a person familiar with the matter said。
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like