NVIDIA says new restrictions on chip exports to China are already in effect

New US restrictions on the export of advanced chips used in the field of artificial intelligence to China have come into effect earlier than planned. This was reported by the American manufacturer NVIDIA, writes Reuters.

According to the company, the restrictions came into effect on Monday due to the postponement of the deadline by regulators. Such measures were officially announced last week. At the time, they were supposed to come into force 30 days after October 17.

NVIDIA did not specify what prompted the US government to accelerate the introduction of restrictions. However, the company does not expect a short-term impact on its earnings from this step.

Instead, Intel, which began selling its Gaudi 2 chips in China in July, said it was reviewing the rules and assessing the potential impact.

As you know, the new restrictions prohibit the supply of NVIDIA A800 and H800 chips, which were designed for the Chinese market to comply with previous export rules.