In the early days of the artificial intelligence (AI) infrastructure build-out, graphic processing units (GPUs) have been the go-to chips for companies to train AI models and run inference. GPUs are powerful chips that were originally designed to speed up graphics rendering in video games,

The Biden administration’s latest bid to curb China’s access to the most advanced AI models and AI chips could have a major impact on the AI boom and its enablers, most prominently chip giant Nvidia.

STORY: Shares of Nvidia fell as much as five percent Monday morning after the U.S. government said it would further restrict exports of artificial intelligence chips.The new regulations are aimed at keeping advanced computing power in the United States and among its allies while finding more ways to block China's access.