The restrictions cover Nvidia’s A100 and forthcoming H100 integrated circuits, and any systems that include them, effective immediately, it said.
The move threatens to upend $400 million worth of business for Nvidia, according to the filing.
That’s roughly what the California-based tech giant projected last week in potential sales to China, which could be affected by the new requirement, it said in the filing.
Nvidia shares tumbled 6.6% in after-hours trading Wednesday, while AMD stock was down 3.7%.
In a statement to CNN Business, Nvidia said it was working with “customers in China to satisfy their planned or future purchases with alternative products and may seek licenses where replacements aren’t sufficient.”
AMD, which is also headquartered in California, told CNN Business it had also been given new requirements by the US Department of Commerce that will hit shipments of its MI250 integrated circuits to China.
“At this time, we do not believe that shipments of MI100 integrated circuits are impacted by the new requirements,” it said, referring to another line of components. “We do not currently believe it is a material impact on our business.”
The new rules are a reminder of how US-China tensions remain high over business and tech.
The new mandate for chipmakers also covers a ban in exports to Russia, Nvidia and AMD noted.
Both companies said they do not currently sell any products to Russia.
