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Biden - 2 Stephen Nellis - 2 Karen Freifeld - 2 Nick Zieminski - 2 hobble - 1 Florence Lo - 1 Colette Kress - 1 Nvidia's Kress - 1
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Search resuls for: "Stephen Nellis Karen Freifeld"


3 mentions found


☆ U.S. chip lobby presses Biden to refrain from further China curbs
  + stars: | 2023-07-17 | by ( Stephen Nellis Karen Freifeld | Stephen Nellis | Karen Freifeld | ) www.reuters.com   time to read: +1 min
July 17 (Reuters) - The U.S.-based Semiconductor Industry Association trade group on Monday called on the Biden administration to "refrain from further restrictions" on chip sales to China as chief executives from the biggest U.S. semiconductor firms planned to visit Washington this week to press their views on China policy. The statement came as the Biden administration considers updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment. Reuters reported last week that the chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) planned to meet with government officials to discuss their views on China policy. The statement also comes after China moved to restrict exports of raw materials such as gallium and germanium that are used in making chips. The industry group said that further rule-tightening by U.S. officials risks "disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China."
Persons: Biden, hobble, Stephen Nellis, Karen Freifeld, Nick Zieminski Organizations: Semiconductor Industry Association, Reuters, Intel Corp, Qualcomm Inc, U.S, Thomson Locations: U.S, China, Washington, San Francisco, New York
☆ US mulls new export restriction on computing power in AI chips
  + stars: | 2023-06-28 | by ( Stephen Nellis Karen Freifeld | Stephen Nellis | Karen Freifeld | ) www.reuters.com   time to read: +3 min
The Wall Street Journal on Tuesday reported that the Biden administration was considering new restrictions on exporting AI chips to China. The possible rule tightening would hardest hit Nvidia, whose strong position in the AI chip market helped make it worth $1 trillion earlier this year. The current rule around AI chips involves two restrictions. One restriction focuses on how fast chips can communicate with each other, which is important because AI systems such as ChatGPT require thousands of chips to be chained together. The other restriction focuses on how much computing power the chip can have.
Persons: Florence Lo, Biden, Colette Kress, Nvidia's Kress, Stephen Nellis, Karen Freifeld, Kenneth Li, Chris Sanders, Nick Zieminski Organizations: REUTERS, U.S . Commerce, Nvidia, Nvidia Corp, Devices Inc, Intel Corp, Reuters, Tencent Holdings, Intel, AMD, Thomson Locations: of China, U.S, China, HK, San Francisco, New York
☆ U.S. aims to hobble China's chip industry with sweeping new export rules
  + stars: | 2022-10-07 | by ( Stephen Nellis Karen Freifeld Alexandra Alper | Stephen Nellis | Karen Freifeld | ) www.reuters.com   time to read: +7 min
The raft of measures could amount to the biggest shift in U.S. policy toward shipping technology to China since the 1990s. If effective, they could hobble China's chip manufacturing industry by forcing American and foreign companies that use U.S. technology to cut off support for some of China's leading factories and chip designers. The rules published on Friday also block shipments of a broad array of chips for use in Chinese supercomputing systems. "The U.S. should stop the wrongdoings immediately and give fair treatment to companies from all over the world, including Chinese companies." On Saturday, China's foreign ministry spokesperson Mao Ning called the move an abuse of trade measures designed to reinforce the United States' "technological hegemony".
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