Fri Jan 10 05:10:00 UTC 2025: ## Nvidia Slams Biden Admin’s Last-Minute AI Chip Export Restrictions

**San Francisco, CA –** Nvidia has publicly criticized a reported plan by the Biden administration to impose new restrictions on the export of artificial intelligence (AI) chips, arguing the move would harm the U.S. economy and benefit adversaries. The semiconductor giant claims the policy, reportedly set to be announced imminently, amounts to a last-minute attempt by the outgoing administration to preempt incoming President Trump’s policies.

According to Bloomberg News, the new regulations would effectively block several U.S. adversaries from importing these crucial chips, while imposing limits on the total computing power that can be exported to any single country. Reuters previously reported on the Commerce Department’s plan to control AI chip exports to prevent access by malicious actors, primarily focusing on limiting China’s military advancements.

Nvidia Vice President Ned Finkle denounced the reported policy in a statement, calling it a “disguised anti-China move” that will negatively impact global computing and push international markets toward alternative technologies. Finkle warned that the extreme country-specific caps will cripple global access to advanced computing and ultimately leave the U.S. at a disadvantage. He further predicted the policy would be widely criticized by both U.S. industry and the international community.

This sentiment is echoed by the Information Technology Industry Council (ITIC), which represents tech giants such as Amazon, Microsoft, and Meta. ITIC argues that the proposed rules would impose arbitrary constraints on U.S. companies, handing global market share to competitors.

Nvidia’s stock price fell over 1% in extended trading following the Bloomberg report. The White House and the Commerce Department have yet to comment publicly on the reported plan. The incoming Trump administration is expected to assume office on January 20th. The previous Trump administration also implemented restrictions on the sale of U.S. technology to China, citing national security concerns.

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