"Nvidia's AI Chip Exports Restricted by US to Select Middle East Nations"

The US has expanded its export restrictions on Nvidia's artificial-intelligence chips, including its A100 and H100 chips, to some countries in the Middle East. The move, which aims to address national security concerns, follows a similar crackdown on China's technological capabilities. Nvidia stated that the restrictions would not have an immediate material impact on its results. The specific countries affected in the Middle East were not disclosed. Last year, rival company Advanced Micro Devices (AMD) also faced new license requirements for exporting its AI chips to China.