Aug 10 (Reuters) - China wants the United States to ease
export controls on chips critical for artificial intelligence as
part of a trade deal before a possible summit between Presidents
Donald Trump and Xi Jinping, the Financial Times reported on
Sunday.
Chinese officials have told experts in Washington that
Beijing wants the Trump administration to relax export
restrictions on high-bandwidth memory chips, the newspaper
reported, citing unnamed people familiar with the matter.
The White House, State Department and China's foreign
ministry did not immediately respond to requests for comment on
the report.
HBM chips, which help perform data-intensive AI tasks
quickly, are closely watched by investors due to their use
alongside AI graphic processors, particularly Nvidia's ( NVDA ).
The FT said China is concerned because the U.S. HBM controls
hamper the ability of Chinese companies such as Huawei to
develop their own AI chips.
Successive U.S. administrations have curbed exports of
advanced chips to China, looking to stymie Beijing's AI and
defence development.
While this has impacted U.S. firms' ability to fully address
booming demand from China, one of the world's largest
semiconductor markets, it still remains an important revenue
driver for American chipmakers.