Posted 10/17/2023, 10:13:00 PM
Nvidia: Expanded US Ban on AI Exports to China Could Delay Product Launches, But Minimal Financial Impact Expected
- Nvidia says widened US ban on AI tech to China could delay product rollouts
- Does not foresee meaningful financial impact near term due to strong worldwide demand
- Licensing rules may impact ability to complete product development timely
- May affect support for existing customers of covered products
- May require transitioning some operations out of impacted countries