Under new licensing requirements, the exports of Nvidia’s (NVDA) H200 chips and AMD‘s (AMD) MI325X chips will be reviewed on a case-by-case basis, Bloomberg’s Maggie Eastland and Ian King report. The Commerce Department’s licensing requirements will include certifying no shortage of processors in the U.S., and companies seeking export approval must meet certain stipulations, including limiting chip shipments to China to no more than 50% of total products made for the U.S. market and employing “rigorous Know Your Customer” procedures, according to the report.
Meet Samuel – Your Personal Investing Prophet
200% short exposure to NVDA with NVDSPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- China Blocks Nvidia’s H200 AI Chips, Clouding Stock Outlook
- Nvidia: Reopened China Market and H200 Exports Unlock Significant Upside and Support Buy Rating
- NVDA vs. TSLA: Which Mag 7 Stock Offers Higher Upside, According to Analysts?
- U.S.-China AI Clash: Nvidia H200 Exports Approved—With Strings Attached
- TSM Stock Near Record Highs—Is It Still a Buy Ahead of Q4 Earnings?