SHANGHAI : A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced artificial intelligence training modules in the country, experts said.Chip designer Nvidia Corp said on Wednesday that U.S. officials told it to stop expo
SHANGHAI : A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced artificial intelligence training modules in the country, experts said.
Shu Jueting, a Chinese Commerce Ministry spokesperson, said on Thursday that Beijing opposes the measures, saying they undermine the rights of Chinese companies and threaten to disrupt global supply chains."We’re going from blocking certain U.S. companies from supplying to a certain company, as was the case with Huawei, to banning certain U.S. products from selling to China period," said Jay Goldberg, CEO of D2D Advisory, a finance and strategy consulting firm.
Market watchers say the latest ban is likely to hit a swathe of Chinese tech companies including such giants as Alibaba Group Holding Ltd, Tencent Holdings Ltd, Baidu Inc, and Huawei Technologies Co Ltd. "It's a resource impact. They will still work on the same projects, they will still be moving forward, it just slows them down," he told Reuters.
These modules could be also be useful for militaries in modeling bomb simulations and designing weapons.
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