How Did China Respond?
While Nvidia appears unconcerned with the speed of the ban and potential financial implications, China is yet to comment on the acceleration.
Chinese authorities have, however, hit back at the US Government’s initial decision, with the country’s foreign ministry saying that the ban “violates the principles of the market economy and fair competition.”
When the ban was first announced, the US explained that it was to prevent China using cutting-edge AI technologies that could help strengthen its military.
