While the Dutch are planning to curb certain equipment from national champion ASML and other companies, the U.S. is expected to go one step further and use its long reach to withhold even more Dutch equipment from specific Chinese fabs.
American officials look to be targeting the chips that power the rapidly developing artificial intelligence technology, looking at further“There will likely be more attempts coming from Washington to target the development in China of some types of applications, and generative AI could be in the crosshairs in the coming year,” Paul Triolo, the technology policy lead at consulting firm Albright Stonebridge, told CNBC.
Shares of Nvidia closed down 1.8% Wednesday. AMD shares pared back earlier losses to trade slightly negative by the end of the day.