Nvidia indicates that the tightening of chip restrictions in the United States may affect the development of some products and may require a shift in operations.

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2023.10.18 01:23
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US chipmaker Nvidia has submitted documents to the US Securities and Exchange Commission stating that the US government is tightening its export control on chips to China and expanding it to countries such as Saudi Arabia, the United Arab Emirates, and Vietnam. The company's chips that exceed multiple performance restrictions are affected, including A100, A800, H100, H800, L40, L40S, and RTX 4090 chips, as well as DGX and HGX systems. The company stated that some of the affected products have headquarters in China and the aforementioned countries.

US chipmaker Nvidia (NVDA.US) has submitted documents to the US Securities and Exchange Commission stating that the US government is tightening its export control on chips to China and expanding it to countries such as Saudi Arabia, the United Arab Emirates, and Vietnam. The company's chips, which exceed multiple performance restrictions, are affected, including A100, A800, H100, H800, L40, L40S, and RTX 4090 chips, as well as DGX and HGX systems. The company stated that the affected products are partially headquartered in China and the aforementioned countries. The authorization requirements or restrictions may hinder the company's ability to complete product development in a timely manner, provide support for affected products to existing customers, or supply affected products to customers outside the restricted areas, resulting in the company having to transfer part of its operations from one or more of the aforementioned countries. The company also stated that its third quarter ended on the 29th of this month, and the new regulations will take effect 30 days after their announcement. Due to strong global demand, no significant impact on financial performance is expected in the short term from additional export restrictions. (fc/t)