Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » DeepSeek Nvidia chip questions: Singapore responds
    Share

    DeepSeek Nvidia chip questions: Singapore responds

    userBy userFebruary 1, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Singapore’s Ministry of Trade and Industry (MTI) said in a statement Saturday that it expects U.S. companies to comply with U.S. export controls and local laws, following questions over the chips used by China’s DeepSeek to produce its AI model.

    Markets were rocked this week after DeepSeek claimed its large language model outperforms OpenAI’s but cost a fraction of the price to train. However, questions were soon raised over the provenance of the semiconductors used to build DeepSeek’s R1 reasoning model given U.S. restrictions on exporting advanced AI chips in China. 

    DeepSeek’s AI claims have shaken the world — but not everyone’s convinced

    Bloomberg on Friday reported that U.S. officials were investigating whether DeepSeek had bought advanced semiconductors from chipmaker Nvidia via third parties in Singapore.

    A Nvidia spokesperson told CNBC Monday that the chips used by DeepSeek were fully export-compliant. DeepSeek was not immediately available for comment when contacted by CNBC.

    “We expect US companies, like Nvidia, to comply with US export controls and our domestic legislation. Our customs and law enforcement agencies will continue to work closely with their US counterparts,” MTI said in its statement.

    “We have always upheld the rule of law, and acted decisively and firmly against individuals and companies that flout the rules.”

    The DeepSeek AI application is seen on a mobile phone in this photo illustration taken in Warsaw, Poland on 27 January, 2025. 

    U.S. lawmakers in ‘uncharted waters’ as DeepSeek tests limits of American trade restrictions

    In its third-quarter results published in November, Nvidia said that Singapore accounts for almost 22% of its revenue but added that: “most shipments associated with Singapore revenue were to locations other than Singapore and shipments to Singapore were insignificant.”

    MTI cited Nvidia’s comments in its Saturday statement and said the chipmaker said there was no reason to believe that DeepSeek had obtained any export-controlled products via Singapore.

    “Singapore is an international business hub. Major US and European companies have significant operations here. Nvidia has explained that many of these customers use their business entities in Singapore to purchase chips for products destined for the US and other Western countries,” MTI added.

    — CNBC’s Ryan Browne contributed to this report.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous Article£5,000 invested in this penny stock 1 year ago is now worth…
    Next Article Stock Market Outlook: Tech Sell-Off Has 5 Key Lessons for Investors
    user
    • Website

    Related Posts

    Asia markets live: Stocks rise

    April 9, 2025

    Amazon delays first Kuiper satellite launch due to bad weather

    April 9, 2025

    Trump says he does not want to see U.S. Steel go to Japan

    April 9, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d