The restrictions cowl Nvidia’s A100 and forthcoming H100 built-in circuits, and any programs that embody them, efficient instantly, it stated.
The transfer threatens to upend $400 million price of enterprise for Nvidia, in line with the submitting.
That is roughly what the California-based tech big projected final week in potential gross sales to China, which may very well be affected by the brand new requirement, it stated within the submitting.
Nvidia shares tumbled 6.6% in after-hours buying and selling Wednesday, whereas AMD inventory was down 3.7%.
In a press release to CNN Enterprise, Nvidia stated it was working with “clients in China to fulfill their deliberate or future purchases with various merchandise and should search licenses the place replacements aren’t adequate.”
AMD, which can be headquartered in California, advised CNN Enterprise it had additionally been given new necessities by the US Division of Commerce that can hit shipments of its MI250 built-in circuits to China.
“At the moment, we don’t imagine that shipments of MI100 built-in circuits are impacted by the brand new necessities,” it stated, referring to a different line of parts. “We don’t at the moment imagine it’s a materials affect on our enterprise.”
The brand new guidelines are a reminder of how US-China tensions stay excessive over enterprise and tech.
The brand new mandate for chipmakers additionally covers a ban in exports to Russia, Nvidia and AMD famous.
Each firms stated they don’t at the moment promote any merchandise to Russia.