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Report: US Mulls Restricting Nvidia from Exporting AI Chips to Some Countries
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US government officials discussed restricting at the national level the sale of advanced AI chips by Nvidia (NVDA.US) and other US companies, Bloomberg reported, citing people with the knowledge of the matter.

On the premise of safeguarding national security interests, the officials plan to set a cap on export licences to certain countries, with a particular focus on the Persian Gulf states, as these deep-pocketed countries have an increasing demand for AI data centers.

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The new measures are expected to be based on a new framework that will streamline the authorization process for shipping AI chips to data centers in places like the UAE and Saudi Arabia, people with the knowledge of the matter said.
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