Joe Biden’s new rules on exporting AI chips: Here are the countries affected. How will it impact you?
AI chips to other countries. 2024 has been the year of a massive AI hype, and the Biden government appears to have taken due cognizance of the fact. Primarily, Nvidia's AI chips that have recently been introduced and is in great demand, will be one of the first to face the impact when these these rules come into place.
Budget with ET
Budget 2025 can position India as the world’s China Plus One hub with manufacturing prowess
Will India's robust GST kitty help Sitharaman stick to fiscal glide path?
Budget 2025’s starry aim: Does India need more funds to fuel its cosmic dreams?
What is the new rule on AI chips all about?
The Biden government is vehemently formulating strategy in the form of a new set of rules that will regulate the export of advanced computer chips to other nations, especially those countries that are ascertained to be a threat to US' national security.
However, there is another argument that is cropping up around these new rules in place, that suggests that the new rules will also bring an adverse effect of chips that are exported to countries for video games and other computer purposes. This is one part that is being mulled upon for the time being, as per an AP report.
Meanwhile, White House national security adviser Jake Sullivan has stated that the new framework would help in getting the most out of AI, and keep things within the grip of United States and its closest allies, instead of possibly getting offshored.
FAQs:
Is Nvidia's stock going to grow further?
Yes, after Nvidia's decision of
