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is max financial services limited (500271) a good long term bet ✌️【Recruitment Platform】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. The Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) systems, in a final effort to prevent rivals like China from accessing the advanced technology, just a week before leaving office.

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is max financial services limited (500271) a good long term bet ✌️【Recruitment Platform】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. A second tier of countries including China and Russia, which are already blocked from buying advanced chips, will be newly subject to restrictions on the sale of the most powerful “closed” AI models, which refer to models whose underlying architectures are not released to the public.

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is max financial services limited (500271) a good long term bet ✌️【Recruitment Platform】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The restrictions are being announced against a global backdrop of soaring demand for AI chips made by the likes of Nvidia, AMD and Intel. With days to go before Biden leaves office, the rules now enter a 120-day comment period but will take effect before that period is over.

“We hope that the next administration takes full advantage of those 120 days to listen to experts, industry, industry players, partner countries,” Raimondo said. “I fully expect the next administration may make changes as a result of that input.”

is max financial services limited (500271) a good long term bet ✌️【Recruitment Platform】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. Senior Biden administration officials, speaking on background, were asked Sunday about the extent to which they consulted with the incoming Trump administration. Officials would only acknowledge there were “ongoing discussions about a range of issues.”

“We believe we’re in a critical window right now, particularly vis-a-vis China,” one official said. “Every minute counts from our perspective.”

is max financial services limited (500271) a good long term bet ✌️【Recruitment Platform】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The latest measures were announced just a month after the outgoing administrationannounced curbson the sale of two dozen types of semiconductor-making equipment and restrictions on numerous Chinese companies from accessing American technology.

is max financial services limited (500271) a good long term bet ✌️【Recruitment Platform】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. Since October 2022, the administration has announced several rounds of semiconductor export restrictions targeting Beijing. Chinese leader Xi Jinping has made self-sufficiency a major pillar of his economic strategy to make China a tech superpower.

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In a blog post published on Monday, Ned Finkle, Nvidia’s vice president of government affairs, wrote the adoption of AI around the world fuels growth and opportunity for industries at home and abroad.

“That global progress is now in jeopardy. The Biden Administration now seeks to restrict access to mainstream computing applications with its unprecedented and misguided ‘AI Diffusion’ rule which threatens to derail innovation and economic growth worldwide,” he wrote.

“While cloaked in the guise of an ‘anti-China’ measure, these rules would do nothing to enhance US security,” he added.

Oracle Executive Vice President Ken Glueckwrote last weekthe rule “does more to achieve extreme regulatory overreach than protect US interests and those of our partners and allies.”

“It practically enshrines the law of intended consequences and will cost the US critical technology leadership,” he said.

Last week, the Washington-based Semiconductor Industry Association said it was “deeply concerned by the unprecedented scope and complexity of this potential regulation, which was developed without industry input and could significantly undercut US leadership and competitiveness in semiconductor technology and advanced AI systems.”

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