Chip

United

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div>
<p class="has-drop-cap">The United States government has <a aria-label="delayed (opens in a new tab)" href="https://www.tomshardware.com/pc-components/gpus/us-delays-nvidia-amd-ai-gpu-exports-licenses-to-middle-east" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">delayed</a> granting export licenses to American chipmakers AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) for shipping advanced <a href="https://tokenist.com/3-small-cap-ai-stocks-with-serious-growth-potential/" rel="noopener noreferrer nofollow" class="deco-link">artificial intelligence (AI)</a> processors to several Middle Eastern countries. <br><br>The restrictions, imposed by the U.S. Commerce Department in October 2023, aim to address national security concerns surrounding the potential misuse of these high-performance computing (HPC) chips.</p>
<h3 id="export-restrictions-and-targeted-countries">Export Restrictions and Targeted Countries</h3>
<p>Under the new rules, export licenses are now required for shipments of advanced AI processors to China, Macau, Saudi Arabia, the United Arab Emirates (UAE), Vietnam, and other countries listed in the Commerce Department’s Group D:5. The targeted processors are crucial for AI training and HPC workloads. <br><br>Concerns have been raised about the possibility of these chips being resold to China or accessed by Chinese entities through cloud services. Such access could potentially enable the development of military equipment or the training of sophisticated AI models.</p>
<div class="cta-referral"><img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
 <div class="cta-referral__text">
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">Telegram group&nbsp;and never miss a breaking story.</a></p>
 </div>
</div>
<h3 id="middle-east-s-ai-ambitions-and-u-s-partnerships">Middle East’s AI Ambitions and U.S. Partnerships</h3>
<p>Saudi Arabia and the UAE have been investing heavily in AI to diversify their economies and become leaders in the field. <br><br>These countries view partnerships with U.S.-based companies, such as Cerebras and Nvidia, as crucial to their AI development plans. For example, Microsoft has invested $1.5 billion in the Abu Dhabi-based AI firm G42, highlighting the growing interest in AI collaboration between the U.S. and the Middle East.</p>
<p>However, Saudi Arabia has also partnered with China’s Lenovo to establish an R&amp;D center in Riyadh despite being willing to separate Chinese supply chains. This collaboration has likely contributed to the U.S. government’s concerns about potentially transferring sensitive AI technology to China through Middle Eastern countries.</p>
<h3 id="amd-stock-down-2-5">AMD Stock Down 2.5%</h3>
<p>The export restrictions have significantly impacted the businesses of AMD, Nvidia, and other U.S.-based hardware developers by delaying or leaving unanswered their license applications for chip shipments to the Middle East. This has led to uncertainty and potential revenue losses for these companies as they navigate the complex geopolitical landscape surrounding AI technology.</p>
<p>As of 11:19 am EST on the market trading day, AMD’s stock price stood at $162.65, reflecting a decrease of 2.50%. Nvidia also saw a slight decline of 1.2% in the trading session so far.<br><br>AMD has a market capitalization of $262.893 billion, with a trailing P/E ratio of 241.67 and a forward P/E ratio of 47.62. AMD’s profit margin is 4.90%, and its return on equity is 2.01%. The chipmaker reported total revenue of $22.8 billion and a net income of $1.12 billion. AMD has total cash of $6.03 billion and a total <a href="https://tokenist.com/investing/debt-to-equity-ratio/" rel="noopener noreferrer nofollow" class="deco-link">debt-to-equity ratio</a> of 5.34%.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe>
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p>
<h3 id="br"><br></h3>
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/us-restricts-ai-chip-exports-to-middle-east-amd-and-nvda-affected/">US Restricts AI Chip Exports to Middle East, AMD and NVDA Affected</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

US Restricts AI Chip Exports to Middle East, AMD and NVDA Affected

目次

Tokenist

2024年5月31日公開の他の記事

Valar Labs Raises $22M for AI-Driven Cancer Treatment Predictions

PEPE Experiences Significant Price Drop

LBank Sponsors and Engages in Consensus 2024 by CoinDesk

Ethereum ETFs: A Potential Catalyst for New All-Time Highs?

eCash Monthly Recap - May 2024

Senator Lummis Appeals to Biden: Don’t Veto SAB 121 Repeal

ニュースレターを購読して暗号資産の最新情報を毎日入手！