In brief: The US wants American chips firms like Nvidia and AMD to prioritize selling its most powerful AI processors to American companies ahead of foreign buyers, even allies. Unsurprisingly, Team Green isn't happy about such a prospect, calling it "based on doomer science fiction."
In a nutshell: Just days after Nvidia stuck a deal with the US government allowing it to export AI chips to China, Beijing is urging local tech companies to avoid using Team Green's H20 GPU. Regulators want firms to justify their orders of these chips and explain why they are preferable over domestic alternatives.