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Nvidia Faces Export Restrictions Amid Global AI Chip Debate
Targeting artificial intelligence microchips, the Biden administration is proposing new export restrictions that could have a big effect on Advanced Micro Devices (AMD, Financials) and Nvidia (NVDA, Financials). Intended to divide countries into three tiers based on their access to sophisticated U.S. chip technology, the proposed rules aim to restrict sales in many global markets….