
The US government is weighing up plans to further restrict the export of AI processors to China. The Biden administration has heightened concerns about the access Chinese companies have to bleeding edge tech, and what they ultimately plan to do with it.
The Wall Street Journal reports that the US Commerce Department is considering fresh restrictions to be implemented as soon as July. That means companies like AMD and especially Nvidia could face significant revenue hits if sales of high-margin AI processors are affected by the restrictions.