The United States’ largest chipmaker Nvidia is back exporting to China’s mainland. It is able to do so only after creating a chip that complies with new export rules imposed by the U.S. authorities. The rules aim to keep cutting-edge technology out of Chinese hands, but have the potential to cost U.S. chipmakers billions if they fail to follow Nvidia’s lead.
Under the rules, issued on October 7, the U.S. has significantly expanded restrictions on the supply of chips and chipmaking equipment to China, while also pushing its allies to do the same.
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) established new categories of export controls, aiming, it said, to “restrict China’s ability to obtain advanced computing chips, develop and maintain supercomputers and manufacture advanced semiconductors used in military applications.”
The U.S. authorities added 31 new Chinese
