© Reuters. FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Chip designer Nvidia (NASDAQ:) said new U.S. export restrictions blocking the sales of its high-end artificial intelligence chips to China had gone into effect on Monday after regulators advanced the timeline on the curbs from its 30-day period.
The company does not expect a near-term impact on its financial results from the accelerated timing, it disclosed in a filing on Tuesday.
The restrictions impact shipments of the company’s modified advanced AI chips A800 and H800 – both of which it created for the Chinese market to comply with previous export rules. The Nvidia A100, H100, and L40S chips are also impacted by the curbs.