Latest News and Trends

Additional Chinese orders for Nvidia AI chips cut short as US ends 30-day notice period

On October 24th, Nvidia disclosed in a document submitted to the US Securities and Exchange Commission (SEC) that the 30-day notice period for the 2023 export controls update by the Biden Administration had been cut short. This early enforcement of export restrictions on Nvidia’s high-end AI GPU products effectively shattered the plans of Chinese companies to rush their purchases during this 30-day window.