Beijing has reportedly moved to curb sales of Nvidia Corporation's NVDA China-specific AI chip after U.S. Commerce Secretary Howard Lutnick made remarks about export policy that Chinese officials reportedly found "insulting.

US policy shifts and sharp rhetoric have turned Nvidia’s chip sales into a flashpoint, fuelling China’s mistrust and push for tech self-reliance

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City"

Following remarks made by U.S. commerce secretary Howard Lutnick related to chip exports that officials found “insulting,” a group of Chinese

Welcome to Computing's weekly roundup of tech news in Asia. This time we look at the offence taken in China at the US commerce secretary’s

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of the CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times.

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

Beijing’s move to restrict sales of Nvidia’s China-specific artificial intelligence processor was prompted by remarks from US commerce secretary Howard Lutnick about chip exports that officials found “insulting”. A group of Chinese regulators have ...

Nvidia stock was rising along with most of the market. CEO Jensen Huang said Friday that the company’s H20 chip in China ”has no security back doors.”