China Increases Enforcement of Import Restrictions on Chips from NVIDIA Corporation (NVDA)

​NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Forever Stocks to Invest In Now. On October 10, Reuters reported that, according to the Financial Times, China has increased enforcement of its import restrictions on US chips, including those of NVIDIA Corporation (NASDAQ:NVDA).

​This is a step by the Chinese government to focus on promoting made-in-China semiconductors. As per the report, customs officers were sent to key ports in China to check semiconductor shipments. The report also highlighted that the inspection targeted NVIDIA Corporation’s (NASDAQ:NVDA) H20 and RTX Pro 6000D initially. The checking has been extended to include all advanced semiconductors made in the United States.

​NVIDIA Corporation (NASDAQ:NVDA) develops advanced computing infrastructure focused on accelerated computing to address complex computational challenges.

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Disclosure: None. This article is originally published at Insider Monkey.