Overview

• Nvidia is working closely with the US government to ensure new chips for the Chinese market are compliant with export curbs, according to CEO Jensen Huang.
• US Commerce Secretary Gina Raimondo has warned Nvidia against trying to circumvent US export laws with GPU redesigns, stating that the US will deny China access to the most cutting-edge technology.
• Raimondo has stated that more controls on tech exports to China will be coming as needed, despite business concerns.
• Nvidia has been one of the most high-profile companies affected by US export controls since its advanced semiconductors are widely used for training artificial intelligence models.
• Nvidia is planning to produce products that comply with export controls in the months ahead, according to CFO Colette Kress.