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### Discussion Between Nvidia and the US Regarding AI Chip Revenue in China

The US commerce chief says she spoke a week ago to Nvidia CEO Jensen Huang and he made it clear tha…

The Biden administration has stressed that it is unable to sell its most advanced semiconductors to Chinese firms, despite ongoing discussions with Nvidia regarding the lawful sale of artificial intelligence (AI) chips to China.

During an interview with Reuters on Monday, US Commerce Secretary Gina Raimondo emphasized that Nvidia should offer AI chips to China for corporate applications, but the sale of the most cutting-edge AI cards, crucial for China’s advancement in frontier models, is restricted.

Raimondo disclosed that she had a conversation with Nvidia’s CEO Jensen Huang a year ago, where he assured compliance with the laws and expressed willingness to cooperate upon receiving clear guidelines.

CEO and founder of Nvidia, Jensen Huang, was mentioned in the context of the discussion.

At a recent conference in California, Raimondo cautioned device manufacturers about the production of AI chips, highlighting the need for compliance with regulations set by the Commerce Department to prevent circumvention tactics.

Raimondo also revealed ongoing collaboration with Nvidia, emphasizing ethical business practices and the mutual interest in chip procurement.

Furthermore, Raimondo addressed the slow progress in Chinese Airlines’ acceptance of Boeing aircraft sales, expressing frustration over the delayed resumption of 737 MAX sales to Taiwanese airlines following safety concerns.

Gina Raimondo, the US Commerce Secretary, expressed disappointment over the lack of progress in resuming Boeing sales to Chinese Airlines, a topic raised by US President Joe Biden during discussions with Chinese President Xi Jinping in California.

Additionally, Raimondo called on Congress to enact legislation addressing potential national security threats posed by international apps like TikTok, advocating for new tools to manage security risks associated with foreign-owned applications.

Raimondo emphasized the need for regulatory tools without singling out specific companies, citing TikTok as a current concern and rejecting a blanket ban, while acknowledging the unpredictable nature of such situations.

TikTok disputes claims of regional security risks.

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Last modified: February 4, 2024
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