Hopper58 schreef op 30 januari 2025 13:54:
‘Ban NVDA and AMD from China’ after DeepSeek says Senator Hawley as Trump Tightens Curbs
Neil Wilson
Jan 30, 2025, 12:58 PM
In the wake of the DeepSeek rout of U.S. technology stocks, Republican Senator Josh Hawley wants to stop chipmakers like Nvidia NVDA -4.10% ? and AMD AMD +2.79% ? from selling any more AI-related products to China.
The China hawk introduced legislation to protect America’s AI leadership and technology from being used by Beijing or Chinese companies, at the same as President Donald Trump is reportedly considering tightening restrictions on NVDA’s sales of its H20 chips for the China market.
Both these moves come after DeepSeek’s R1 low-cost AI model spooked investors in U.S. technology stocks this week, as it signalled AI could be developed a lot more cheaply than previously thought.
However, concerns have been raised about the veracity of DeepSeek’s claims and the extent to which it may have improperly obtained data from Microsoft-backed OpenAI. Politicians are also fearful about the U.S. surrendering leadership on AI to China.'
www.tipranks.com/news/ban-nvda-and-am...