Chinese AI Firms Slump on Report of US Chip Export Curbs

The video discusses the impact of new US export curbs on AI chip makers like NVIDIA and AMD, leading to a drop in their stock prices. The US is considering extending these curbs to less capable chips, which are crucial for generative AI technologies. NVIDIA, which earns a significant portion of its revenue from China, is particularly affected. Additionally, the US may limit cloud services to Chinese AI technologies to address dual-use technology concerns. Analysts warn that without strict enforcement, China may find ways to circumvent these restrictions.

In what ways might Chinese technology be used in military applications?

What is the potential risk associated with the enforcement of these curbs?