US Restricts Nvidia Made-for-China Chips in New Export Rules.

(Bloomberg) -- The US is restricting the sale of chips that Nvidia Corp. designed specifically for the Chinese market and curbing exports to two Chinese artificial-intelligence chip firms, as part of sweeping updates to export controls that are designed to block China's access to highly advanced semiconductor technology. The Biden administration also added two Chinese AI chip startups and their subsidiaries to a trade restriction list that mandates companies to obtain a US government license before shipping to those firms. [Extracted from the article]