A filing by Nvidia, Reuters writes, would indicate that the U.S. government has imposed new export restrictions on the chip and AI giant’s high-performance AI processors in writing. These include the Nvidia A100 and H100 processors that are especially well-suited for machine learning tasks. The restrictions now also apply to a number of unspecified countries in the Middle East.

According to sources, chip maker AMD has also received a similar written notice to stop exporting its high-end AI processors to Middle Eastern countries. This manufacturer also recently had to stop exporting its AMD MI250 AI processors to China.

Continue reading HERE

Source: https://www.techzine.eu/news/privacy-compliance/110763/us-restricts-sales-of-ai-chips-nvidia-and-amd-to-middle-east/#:~:text=The%20United%20States%20has%20extended%20restrictions%20on%20exports,and%20AI%20giant%E2%80%99s%20high-performance%20AI%20processors%20in%20writing.

The post US restricts sales of AI chips Nvidia and AMD to Middle East first appeared on Garner Ted Armstrong Evangelistic Association.

India’s absence from the world market would be likely to increase benchmark prices in New York and London that are already trading around multi-year highs, triggering fears of further inflation on global food markets.

“Our primary focus is to fulfil local sugar requirements and produce ethanol from surplus sugarcane,” said a government source who asked not to be named in line with official rules. “For the upcoming season, we will not have enough sugar to allocate for export quotas.”

India allowed mills to export only 6.1 million tonnes of sugar during the current season to Sept. 30, after letting them sell a record 11.1 million tonnes last season.

Continue reading HERE

Source: https://www.reuters.com/markets/commodities/india-set-ban-sugar-exports-first-time-7-years-2023-08-23/

[Disclaimer]

The post Exclusive: India set to ban sugar exports for first time in 7 years first appeared on Garner Ted Armstrong Evangelistic Association.