NVIDIA: "US Government Extends AI Semiconductor Export Controls to the Middle East"
The U.S. government has been restricting the export of Nvidia's artificial intelligence (AI) semiconductors not only to China but also to certain countries in the Middle East.
According to foreign media on the 30th (local time), Nvidia disclosed this fact in its Q2 earnings report submitted to the Securities and Exchange Commission (SEC) on the 28th.
Nvidia stated, "The U.S. government notified us during the second quarter of fiscal year 2024 that we must obtain additional approval to sell the A100 and H100 product lines to certain customers and regions, including some countries in the Middle East."
However, it did not specify which Middle Eastern countries require export authorization.
Nvidia's sales in the Middle East were not disclosed. Nvidia achieved $13.5 billion in revenue in Q2, mostly from the U.S., China, and Taiwan. Sales from other countries accounted for only 13.9%.
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Earlier, the U.S. government banned Nvidia from exporting the A100 and H100 to China starting in August, citing concerns that China's AI technology threatens U.S. national security. Nvidia holds over 90% market share in the AI graphics processing unit (GPU) semiconductor market.
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