US Blocks Export Of Nvidia's Prized Microchips To Middle East | Concerns Over 'Closeness' With China

The U.S. expanded the restriction of exports of sophisticated Nvidia (NVDA.O) and Advanced Micro Devices (AMD.O) artificial intelligence chips beyond China to other regions including some countries in the Middle East.
U.S. officials usually impose export controls for national security reasons. A similar move announced last year signaled an escalation of the U.S. crackdown on China’s technological capabilities, but it was not immediately clear what risks were posed by exports to the Middle Ea
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