Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
Written by Black Hot Fire Network on October 31, 2023
Oct. 30, 2023 11:00 pm ET
SINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources.
The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter . . .