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Nvidia, a chip designer, has stated that the US has instructed it to immediately cease the shipping of some of its high-end artificial intelligence chips to China as regulators have extended the deadline. The limitations were meant to take effect 30 days after the Biden administration announced measures to prevent nations such as China, Iran, and Russia from getting advanced AI processors made by Nvidia and others on October 17. Nvidia could not explain why the US government had hastened the date, but it said claim the decision would have no immediate impact on its profitability. Advanced Micro Devices, another semiconductor business, is also affected by the restrictions.
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