and other semiconductor companies fell on Thursday after the US government restricted the sale of some advanced chips to China and Russia because of national security concerns. said the US government has imposed a new license requirement to sell its A100 and H100 chips for high-performance graphics processing units, or GPUs, to China, Hong Kong, and Russia. Nvidia noted it doesn't sell products to customers in Russia.
The US government"indicated that the new licence requirement will address the risk that the covered products may be used in, or diverted to, a 'military end use' or 'military end user' in China and Russia," Nvidia said.Nvidia said the new rules may hinder it from developing its H100 circuits in a timely manner or support existing A100 customers and that it may have to move some of its operations out of China.
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