Sep 4, 2022

Daily Crunch: Nvidia chips become collateral damage in new US sanctions targeting China

Posted by in category: robotics/AI

Nvidia is caught up in the new sanctions the U.S. is imposing on China. Rita reports the company said it will not be able to export two of its AI chips to China, its second-largest market. That will likely cost Nvidia some $400 million in lost sales for this third quarter and interrupt some production that happens in China. get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.

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