Nvidia said in a regulatory filing the U.S. government is imposing export controls to restrict some countries in the Middle East from buying advanced technology used in AI systems.
Nicholas Wealth Management CEO and founder David Nicholas says Nvidia will corner the stock market on ‘Making Money.’computer chips to certain countries in the Middle East, the company said in a regulatory filing.
Nvidia noted the new export controls related to the Middle East in a portion of a quarterly regulatory filing published Monday that discussed other export controls with which the company must comply. "During the second quarter of fiscal year 2024, the [U.S. government] informed us of an additional licensing requirement for a subset of A100 and H100 products destined to certain customers and other regions, including some countries in the Middle East."are subject to the latest U.S. export controls on Nvidia’s advanced chips.
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