Nvidia has slammed the Biden administration’s AI chip rules, calling them misguided, while expressing support for Trump’s approach to technology.
San Francisco: Nvidia is not holding back. They’ve come out swinging against the Biden administration’s new rules on AI chip shipments, calling them “misguided.” They even gave a nod to Trump, saying he laid the groundwork for America’s AI success.
The company is upset about the last-minute regulations that limit how many advanced chips can be sold to other countries. They think these rules could hurt innovation and America’s edge in tech.
Nvidia’s VP, Ned Finkle, said the Biden administration is trying to undermine the U.S. leadership in AI with a bunch of complicated regulations. He believes this could slow down progress in the industry.
After the announcement, Nvidia’s stock took a hit, dropping over 3%. They’re a major player in the AI chip market, so this news is a big deal for them.
Finkle praised Trump for his past efforts to boost American tech and warned that the new rules might weaken that advantage. He emphasized that America thrives on innovation and competition, not heavy-handed regulations.
While the Biden administration argues that these rules are necessary for national security, critics like Nvidia think they go too far. They say the restrictions could limit access to advanced technology for many countries, including allies.
Interestingly, some countries, like the UK and Canada, won’t face new restrictions. But for others, like Israel and Mexico, the rules could mean tougher limits on chip access.
As the dust settles, it looks like the Trump administration will have a say in how these rules play out, especially after the comment period ends. Nvidia is hoping for a return to policies that support innovation and keep America at the forefront of AI.
