This is not the first time the United States has limited chip sales to China. In October, it implemented a series of rules to prevent this country from obtaining key components for the developments it is carrying out around AI, since as language models such as GPT-4 advance, they also require more computational power.
Nvidia is one of the companies that has benefited most from this AI boom, since it is in charge of producing the graphics chips responsible for running the technology behind the most representative advances of the moment, such as ChatGPT, from OpenAI, or Bard from Google.
During the first restriction, Nvidia responded with a lower-capability chip specifically for the Chinese market; however, under the new controls that could be implemented, even that chip would be restricted for export.
After the report was released, shares of Nvidia and AMD fell 2%, while Qualcomm fell just over 2% and other manufacturers such as Marvell and Broadcom 1%.