Nvidia Stock Falls as It Slams Biden China Chip Policy. Says Curbs Won’t Help U.S. Security.
The chip maker urged the incumbent president not to 'pre-empt' the Trump administration with a policy to tighten export controls.
Nvidia criticizes reported Biden plan for AI chip export curbs
Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing U.S. leader should not "preempt incoming President Trump" by enacting a last-minute policy.
Nvidia Slams Biden for Trying to ‘Preempt’ Trump With Policy
Nvidia Corp. criticized new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.
Nvidia Stock Falls as It Slams Biden China Chip Policy
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Friday as the stock market braces for a key jobs report.
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.
Biden to Further Limit Nvidia AI Chip Exports in Final Push
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
Nvidia Slams Biden Chip Restrictions. Rules ‘Play Into the Hands of U.S. Adversaries.’
The chip maker urged the incumbent president not to 'pre-empt' the Trump administration with a policy to tighten export controls.
Nvidia Dives Below Key Level Amid Response To Biden's New Chip-Ban Plan; Is Nvidia A Sell Now?
Nvidia broke a key chart level on Friday amid reports of its response to a new proposal to limit chip sales. Meanwhile, Nvidia's executives tackled a possible chip ban from the outgoing Biden administration.
Biden to Impose More Limits on Nvidia AI Chip Exports, Report Says
KEY TAKEAWAYS In its last days in the White House, the Biden administration reportedly is planning new regulations that could be announced as soon as Friday to further limit the export of artificial intelligence (AI) chips by companies like Nvidia.
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