The US has already imposed bans on the export of advanced semiconductor technologies to China in an effort to slow its progress in AI. It is also restricting sales of advanced AI chips made by Nvidia to other countries, including key allies.
However, DeepSeek’s recent advancements suggest the company has found ways to circumvent these export bans, focusing on greater efficiency despite limited resources. Nvidia shares have fallen by over 10% as low-cost AI model from China's DeepSeek threatens to upend the profitability of several tech firms.