US government is reportedly in discussions to take stake in Intel
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.
News of a backlog at the U.S. federal department comes less than a week after national security experts urged the Trump administration to reverse its decision that allows Nvidia to export H20 chips to China.
The letter states that allowing sales of the H20 AI chip to China could hurt the U.S.’s AI “edge” and further chip bottlenecks in the U.S.
Intel cancelled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
The AI Action Plan offers a path, but not a concrete plan, for what the administration is thinking when it comes to chip export restrictions.
The U.S. is reportedly holding up the deal due to concerns that AI chips could be smuggled to China from the UAE.
Nvidia plans to release a chip that is retrofitted from an existing Blackwell processor that was modified to meet chip export rules.