China’s AI growth will be ‘largely unaffected’ by chip export rules, analysts say

Banning the export of Nvidia chips is unlikely to stymie China’s development of advanced AI, according to Bernstein analysts.

Nvidia notified investors in a new regulatory filing last week that it expects the Trump administration to require a license for exporting the type of powerful semiconductors used to build AI products to China. Analysts widely interpreted the license requirement as an export ban.

The US chip firm said it would incur $5.5 billion in charges…