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Top related persons:
Colette Kress - 1 “ - 1 ” Kress - 1 ” - 1 Biden - 1 ” Jefferies - 1 OpenAI's ChatGPT - 1 Bard chatbots - 1
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Hong Kong China Shenzhen Chengdu United Washington ChatGPT Beijing
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Nvidia - 2 Chengdu Information Technology - 2 Chinese Academy of Sciences - 2 Hong Kong CNN - 1 Wall Street - 1 Financial Times - 1 US Department of Commerce - 1 CNN - 1

Search resuls for: "Chengdu Information Technology"


2 mentions found


☆ Nvidia says US curbs on AI chip sales to China would cause ‘permanent loss of opportunities’
  + stars: | 2023-06-29 | by ( Laura He | ) edition.cnn.com   time to read: +4 min
Hong Kong CNN —Nvidia warned Wednesday that if the United States imposes new restrictions on the export of AI chips to China, it would result in a “permanent loss of opportunities” for US industry. The rules, as reported, could make it harder for companies like Nvidia (NVDA) to sell advanced chips to China. Fueled by a boom in demand for its AI chips, the company briefly hit a market capitalization of $1 trillion in late May. We do not anticipate any immediate material impact on our financial results,” Kress added. Chinese AI stocks suffered much heavier losses.
Persons: Colette Kress, “, ” Kress, ”, Biden, ” Jefferies Organizations: Hong Kong CNN, Nvidia, Wall Street, Financial Times, US Department of Commerce, CNN, Bloomberg, Chengdu Information Technology, Chinese Academy of Sciences, Baidu, Biden, Micron Technology Locations: Hong Kong, United, China, Washington, Shenzhen, Chengdu, ChatGPT, Beijing
☆ Chinese A.I. stocks fall as U.S. reportedly weighs curbs on chip exports
  + stars: | 2023-06-28 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
A Nvidia Corp. HGX H100 artificial intelligence supercomputing graphics processing unit (GPU) at the showroom of the company's offices in Taipei, Taiwan, on Friday, June 2, 2023. China's artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is planning to impose new curbs on shipments of AI chips to China. According to the Journal, U.S. chip makers such as Nvidia will be affected by the move which could happen as early as July. China's CSI artificial intelligence index fell 3% on that news on Wednesday in Asia. The Shenzhen-traded shares of Inspur Electronic Information Industry slumped 10% and Chengdu Information Technology of Chinese Academy of Sciences dropped nearly 8%.
Persons: OpenAI's ChatGPT, Bard chatbots, — Organizations: Nvidia Corp, Wall Street Journal, Journal, Nvidia, CSI, Industry, Chengdu Information Technology, Chinese Academy of Sciences Locations: Taipei, Taiwan, China, Asia, Shenzhen, Chengdu, Hong Kong, U.S
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