Close Menu
Fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

An In-Depth Analysis of Egypt’s Fintech Ecosystem in 2026

March 28, 2026

Waymo Experiences Significant Increase in Ridership, Illustrated in a Single Chart

March 28, 2026

The Impact of the Middle East Crisis on Inflation Trends

March 28, 2026

Whoop Partners with LeBron James and Aims to Reach a Broader Audience

March 28, 2026
Facebook X (Twitter) Instagram
Trending
  • An In-Depth Analysis of Egypt’s Fintech Ecosystem in 2026
  • Waymo Experiences Significant Increase in Ridership, Illustrated in a Single Chart
  • The Impact of the Middle East Crisis on Inflation Trends
  • Whoop Partners with LeBron James and Aims to Reach a Broader Audience
  • Global Growth Affected by Energy Crisis and Conflict in 2026
  • Physical Intelligence in Negotiations to Secure $1 Billion Funding Round
  • Operationalizing Compliance in Australia
  • Analysis of SoftBank’s $40 Billion Loan and Its Implications for a Potential OpenAI IPO in 2026
Facebook X (Twitter) Instagram Pinterest Vimeo
Fintechbits
  • News

    The Impact of the Middle East Crisis on Inflation Trends

    March 28, 2026

    Global Growth Affected by Energy Crisis and Conflict in 2026

    March 28, 2026

    Operationalizing Compliance in Australia

    March 28, 2026

    Over $1.5 Billion Raised in 21 FinTech Transactions This Week

    March 27, 2026

    Meta’s Acquisition of Moltbook Indicates a Transition to Agentic Commerce Infrastructure

    March 27, 2026
  • AI

    Central African Republic’s Fintech Developments and Broader Digital Initiatives in 2026

    March 24, 2026

    The Fintech Ecosystem of Cabo Verde in 2026: Insights from an African Nation

    March 22, 2026

    Your Next Customer Might Not Be Human. Is Your Business Ready?

    March 3, 2026

    Why AI Quoting Will Split the Trades Industry in Two

    February 26, 2026

    How Fintech Companies Balance AI Automation With Human Expertise in Regulated Finance

    February 25, 2026
  • Acquisitions

    Regnology Expands Portfolio with Addition of Invoke to Strengthen RegTech Presence

    March 25, 2026

    FinTech Acquisition Activity Declines More Than Other Sectors in the First Half of 2023

    March 24, 2026

    LATAM FinTech Investments Decrease 31% Year-over-Year Amid Growing Investor Caution

    March 23, 2026

    UK FinTech Deal Activity Declines by 61% Amid Five-Year Low in Investment

    March 22, 2026

    European FinTech Transactions Exceeding $100 Million Rise by 2.6 Times Quarter-over-Quarter as Funding Rebounds in Q1 2025

    March 22, 2026
  • Trends

    How Is the EU Late Payment Regulation Reshaping Supply Chain Finance for SMEs in 2026?

    March 27, 2026

    Brazil Maintains Leadership in LatAm FinTech Market in Q2 Despite 77% Year-over-Year Decline in Deal Activity

    March 22, 2026

    We Asked 9 Industry Leaders: What Fintech Tool Made the Biggest Difference to Your Accounts Receivable?

    March 21, 2026

    Client Churn Data Is a Better Default Predictor Than a Balance Sheet

    March 20, 2026

    European FinTech 2025 Is Back and Means Business

    March 16, 2026
  • Insights

    Renovation Credit Regulation: 5 Urgent Risks Builders Can’t Ignore

    March 27, 2026

    UK Establishes Itself as the Leading European FinTech Hub with Six of the Top Ten Deals in 2025

    March 27, 2026

    Corporate Event Payment Terms: 5 Brutal Realities Every Vendor Faces

    March 26, 2026

    Children’s Activity Providers Are Sitting on Retention Data That Insurers Would Pay For

    March 26, 2026

    California Firms Led the US FinTech Market, Executing One-Third of All Deals in 2025

    March 25, 2026
  • Rumors

    Gilead Snaps Up Arcellx in $7.8B Most cancers Drug Deal

    March 14, 2026

    Tilly’s Inventory Pops After This autumn Earnings Shock

    March 14, 2026

    Elliott and Jana Take Recent Actions Alongside Other Speculations

    February 22, 2026

    Hank Payments (TSX) Rises to CAD 0.26 on February 18, 2026: Catalyst Analysis

    February 19, 2026

    Abivax CEO refers to Eli Lilly acquisition speculation as a diversion.

    February 8, 2026
  • Startups

    Waymo Experiences Significant Increase in Ridership, Illustrated in a Single Chart

    March 28, 2026

    Whoop Partners with LeBron James and Aims to Reach a Broader Audience

    March 28, 2026

    Physical Intelligence in Negotiations to Secure $1 Billion Funding Round

    March 28, 2026

    Analysis of SoftBank’s $40 Billion Loan and Its Implications for a Potential OpenAI IPO in 2026

    March 27, 2026

    SK Hynix’s Potential Blockbuster IPO in the U.S. Could Alleviate RAM Supply Shortages

    March 27, 2026
  • finjobsly
Fintechbits
Home » US considers capping exports of AI chips from Nvidia and AMD to certain countries
AI in Finance

US considers capping exports of AI chips from Nvidia and AMD to certain countries

5 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
35d71755bc58e9d80dada715059295b3.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

(Bloomberg) — Biden administration officials discussed capping sales of Nvidia Corp.’s advanced AI chips. and other U.S. companies on a country-specific basis, people familiar with the matter said.

Most read on Bloomberg

Subscribe to the Bloomberg Daybreak podcast on Apple, Spotify or wherever you listen.​​​​​​

That approach would set a cap on export licenses for certain countries in the interest of national security, according to the sources, who described the private discussions on condition of anonymity. Officials are focusing on Persian Gulf countries that have a growing appetite for AI data centers and the means to finance them, the sources said.

Deliberations are in their early stages and remain fluid, the sources said, noting that the idea has gained traction in recent weeks. The policy would build on a new framework aimed at easing the licensing process for shipments of AI chips to data centers in countries including the United Arab Emirates and Saudi Arabia. Commerce Department officials unveiled those regulations last month and said more rules were coming.

The agency’s Office of Industry and Security, which oversees export controls, declined to comment. Nvidia, the market leader in AI chips, also declined to comment, as did Advanced Micro Devices Inc. A representative for Intel Corp., which also makes such processors, did not respond to a request for comment.

Nvidia shares fell 4.2% on Tuesday, following Monday’s record close.

A White House National Security Council spokesperson declined to comment on the negotiations, but pointed to a recent joint statement from the United States and the United Arab Emirates on artificial intelligence. In it, both countries recognize “the enormous potential of AI for good,” as well as “the challenges and risks of this emerging technology and the vital importance of safeguards.”

Setting per-country caps would strengthen restrictions that originally targeted China’s artificial intelligence ambitions, as Washington considers the security risks of AI development around the world. The Biden administration has already limited shipments of AI chips by companies like Nvidia and AMD to more than 40 countries in the Middle East, Africa and Asia, fearing their products could be diverted to China.

At the same time, some U.S. officials have come to view semiconductor export licenses, particularly for Nvidia chips, as leverage to achieve broader diplomatic goals. This could include asking key companies to reduce their ties to China to gain access to US technology – but concerns extend beyond Beijing.

“We will have to have a conversation with countries around the world about how they plan to use these capabilities,” Tarun Chhabra, senior director for technology at the National Security Council, said at a forum in June without naming of specific countries. “If you’re talking about countries that have a really robust internal surveillance apparatus, then we have to think: How exactly are they going to use those capabilities to strengthen this type of surveillance, and what will that look like? »

There is also the question of how the global development of AI could affect U.S. intelligence operations, said Maher Bitar, another NSC official. “What are the risks, not only in terms of human rights, but also in terms of security and counterintelligence, to our personnel around the world? » Bitar said at the same event.

It’s unclear how major AI chipmakers would respond to additional U.S. restrictions. When the Biden administration first issued sweeping chip regulations for China, Nvidia revamped its AI offerings to ensure it could continue selling into that market.

If the administration moves forward with per-country caps, it could prove difficult to implement a new comprehensive policy in the final months of President Joe Biden’s term. Such rules could be difficult to enforce and would pose a major test for U.S. diplomatic relations.

WATCH: The Surprising Origin Story of Nvidia’s AI

Governments around the world are seeking so-called sovereign AI – the ability to build and operate their own AI systems – and this quest has become a key driver of demand for advanced processors, according to Jensen Huang, CEO of Nvidia. Nvidia’s chips set the benchmark for data center operators, making the company the world’s most valuable chipmaker and the biggest beneficiary of the AI ​​boom.

China, meanwhile, is working to develop its own advanced semiconductors, although they still lag behind the best U.S. chips. Still, U.S. officials worry that if Huawei Technologies Co. or another foreign manufacturer ever offers a viable alternative to Nvidia’s chips — likely with fewer strings attached — it could weaken the United States’ ability to shape the global technology landscape. AI.

Some U.S. officials say this is only a remote possibility and that Washington should take a more restrictive approach to global AI chip exports, given its current negotiating position. Others warn against making it too difficult for other countries to buy American technology, in case China gains ground and captures those customers.

As officials debate the best approach, they have slowed approval of a large number of AI chip licenses in the Middle East and elsewhere. But there are signs things could soon change: Under new rules for shipments to data centers, U.S. authorities will review and pre-approve specific customers based on the companies’ security commitments and their national governments, paving the way for easier licensing in the future. .

All About Nvidia Chips, AI Hype, and What’s Next: QuickTake

–With help from Ian King and Jenny Leonard.

(Updated shares in fifth paragraph.)

Most read from Bloomberg Businessweek

©2024 Bloomberg LP

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Central African Republic’s Fintech Developments and Broader Digital Initiatives in 2026

March 24, 2026

The Fintech Ecosystem of Cabo Verde in 2026: Insights from an African Nation

March 22, 2026

Your Next Customer Might Not Be Human. Is Your Business Ready?

March 3, 2026
Leave A Reply Cancel Reply

Latest news

An In-Depth Analysis of Egypt’s Fintech Ecosystem in 2026

March 28, 2026

Waymo Experiences Significant Increase in Ridership, Illustrated in a Single Chart

March 28, 2026

The Impact of the Middle East Crisis on Inflation Trends

March 28, 2026
News
  • AI in Finance (2,159)
  • Breaking News (288)
  • Corporate Acquisitions (89)
  • Industry Trends (56)
  • Jobs Market News (338)
  • Market Insights (332)
  • Market Rumors (308)
  • Regulatory Updates (217)
  • Startup News (1,445)
  • Technology Innovations (228)
  • uncategorized (11)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,159)
  • Breaking News (288)
  • Corporate Acquisitions (89)
  • Industry Trends (56)
  • Jobs Market News (338)
  • Market Insights (332)
  • Market Rumors (308)
  • Regulatory Updates (217)
  • Startup News (1,445)
  • Technology Innovations (228)
  • uncategorized (11)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.