Follows Nvidia's announcement it plans to produce AI supercomputers in the US

President says there will be some flexibility with semiconductor tariffs

Additional controls were due to come into force this week

Company had previously disclosed plans to pass on tariff-related costs to customers

Will allow companies to expand manufacturing capabilities outside current jurisdictions

But report claims it is merely an upgrade of an existing facility

The Chinese startup claims its model was trained for significantly less money than those developed by US labs

Restricted companies accused of posing a risk to US national security

Industry groups warn of "significant adverse consequences" if the legislation is rushed through

List is largely unchanged since it was last published in 2023

The Chinese-government backed parent company has been accused of asset stripping and IP transfer during its time as owners

Would make TikTok’s parent company one of Nvidia’s biggest customers

Decision affects advanced AI chips

Updated law now includes penalties for those accused of leaking ‘work secrets’

Will also establish customer solutions center at the site

Will go into effect on January 2, 2025

Reports suggest Sophgo ordered chips matching ones found on Huawei’s Ascend 910B

Company said it “proactively communicated” with the government when order was received

Questions over whether company has produced chips for sanctioned Huawei

Can apparently achieve 500 petabytes of capacity in a single space

Chinese officials have reportedly claimed access to minerals could be restricted

Prime Minister Dick Schoof unlikely to renew licenses when they expire at the end of the year

Price of minerals has nearly doubled since sanctions came into force

Claims made in response to legal challenge against forced sale of the app