Latest AI chips News & Updates

Washington, April 17 (IANS) China is using both legal purchases and illicit networks to acquire advanced American artificial intelligence chips, posing a growing national security threat, U.S. lawmakers and experts warned during a congressional hearing. John Moolenaar, Chairman of the Select Committee, during a Congressional hearing said “China’s smuggling of advanced AI chips is a pervasive threat,” pointing to multiple cases disrupted over the past year. He cited a recent Justice Departm…

New Delhi, March 17 (IANS) Major chipmaker Nvidia made a series of announcements at its annual GTC event, with CEO Jensen Huang saying that the company could generate up to $1 trillion in revenue from AI chips alone by 2027 amid the ongoing rapid growth in artificial intelligence industry.Speaking at the event held in San Jose, California, Huang outlined Nvidia’s strategy to dominate the AI ecosystem by building an integrated stack of hardware, software and infrastructure.One of the key highli…

Washington, Feb 25 (IANS) US export enforcement officials have acknowledged that advanced American AI chips are being smuggled overseas, as lawmakers warned that China is aggressively seeking to bypass restrictions to power its military and artificial intelligence ambitions.At a Congressional hearing on strengthening export control enforcement, Congressman Bill Huizenga said the panel was examining “the administration’s plans for enforcing US export control laws” and legislative options “t…

Washington, Feb 24 (IANS) The US on Tuesday signalled a sharp escalation in export control enforcement, warning that companies and individuals violating dual-use technology restrictions would face tougher penalties and increased scrutiny. Testifying before the House Committee on Foreign Affairs’ South and Central Asia Subcommittee, David Peters, Assistant Secretary for Export Enforcement at the Bureau of Industry and Security (BIS), said the risks to American technology had “never been highe…

Washington, Feb 18 (IANS) US lawmakers moved to tighten controls on advanced American chips to prevent diversion to China and other countries of concern, even as Washington and Beijing held drug enforcement talks focused on fentanyl and synthetic opioids.US Senator Elizabeth Warren, Ranking Member of the Senate Banking Committee, co-sponsored Senator Tom Cotton’s Chip Security Act. The legislation aims to prevent advanced American chips from falling into the hands of China and other countries …

Washington, Feb 12 (IANS) A top military officer nominated by President Donald Trump to lead US Cyber Command and the National Security Agency has warned that China is aggressively seeking advanced American AI chips to power next-generation weapons systems. “I agree that China is aggressively seeking to acquire advanced AI chips to accelerate its development of AI-enhanced weapons,” Lieutenant General Joshua Rudd said in written responses to questions from Senator Elizabeth Warren.Rudd’s r…

New Delhi, Jan 27 (IANS) Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Tuesday said the government’s multi-year, ecosystem-driven approach to semiconductor development is delivering tangible results.He said that India steadily moves towards building a strong and self-reliant chip design and manufacturing ecosystem.Speaking after interacting with semiconductor chip design companies approved under the Design Linked Incentive (DLI) Scheme of the Semicon India Progr…

Washington, Jan 20 (IANS) US lawmakers and former national security officials have warned that the accelerating artificial intelligence competition between the United States and China has become a central national security challenge, with advanced AI chips now underpinning modern warfare, intelligence and economic power.Testifying before the House Foreign Affairs Committee, witnesses said last week that the outcome of the AI race will shape military dominance in the coming decade and determine w…

Washington, Jan 20 (IANS) US lawmakers have warned that decisions over advanced artificial intelligence chip exports could determine future military and economic power, as they debated whether the technology should be governed more like strategic weapons than commercial goods.At a House Foreign Affairs Committee hearing, this past week, members from both parties said AI chips now play a central role in warfare, intelligence, and strategic competition, requiring congressional oversight comparable…