<p>The US Commerce Department said on Tuesday it was issuing new export licensing requirements for Nvidia's H20, AMD's MI308 artificial intelligence chips, as well as their equivalents, to China.</p><p>"The Commerce Department is committed to acting on the President's directive to safeguard our national and economic security," a Commerce spokesperson said.</p><p>Nvidia said earlier on Tuesday that it would take $5.5 billion in charges after the US government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips. (</p>
<p>The US Commerce Department said on Tuesday it was issuing new export licensing requirements for Nvidia's H20, AMD's MI308 artificial intelligence chips, as well as their equivalents, to China.</p><p>"The Commerce Department is committed to acting on the President's directive to safeguard our national and economic security," a Commerce spokesperson said.</p><p>Nvidia said earlier on Tuesday that it would take $5.5 billion in charges after the US government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips. (</p>