Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Hardware & electrical equipment

Nvidia told to stop chip sales to China "effective immediately"

Nvidia has been told to halt sales of certain types of semiconductors to China as the US government brought forward the start of a proposed ban.

Originally, the ban was due to come into force in the middle of November, but Nvidia said it had been ordered to stop shipments “effective immediately”.

A new round of trade talks starts next month between when Chinese President Xi Jinping visits the US.

Nvidia designed the five chips concerned specifically to get around a previous set of US restrictions but tensions between the two countries have ratcheted up due to Taiwan and China’s backing of Russia in Ukraine.

Western governments have also grown increasingly concerned about China’s adoption of cutting-edge technology.

Dutch company ASML is also prohibited from selling its latest products to China after the US put pressure on the government of the Netherlands.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK