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 Faces Export Restrictions Amid Global AI Chip Debate
With an eye on national security, the new approach seeks to protect U.S. technical superiority. Warning that the proposed limits might compromise America's competitive advantage in the global AI race and slow down economic development, Nvidia has rejected them. After the news, after-hours trading saw Nvidia's shares drop almost 1%.
Nvidia Criticizes Potential AI Chip Export Restrictions
Nvidia (NASDAQ:NVDA) has voiced concerns over the Biden administrations reported plans to impose stricter AI chip export rules. Nvidias Vice President, Ned Finkle, urged the administration to avoid
Nvidia Stock Dips. Why Investors Are Fretting About Tighter AI Chip Export Curbs.
The Biden administration is planning to impose more restrictions on chip sales to China and Russia, according to a report.
Nvidia Slams Biden's Country-Specific Chip Rules: 'Legacy That Will Be Criticized'
The proposed regulations would create three tiers of chip curbs, allowing some U.S. allies full access to American chips.
Nvidia slams Biden for trying to ‘pre-empt’ Trump with chip rules
NVIDIA criticised 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. Read more at The Business Times.
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.
Biden Seen Tightening Nvidia, AMD AI Chip Export Curbs One Last Time
The Biden administration reportedly will impose even-tighter curbs on Nvidia and AMD AI chip exports. Nvidia stock fell slightly.
AI- Stock Analysis: Nvidia and New AI Chip Export Curbs
As a consequence of the new regulations, Stock Target Advisor’s AI analysis has identified a short-term SELL signal for NVIDIA’s stock, triggering a technical warning of a Bearish Engulfing pattern suggesting the stock is likely to fall in the near-term. However, the analysis has confirmed the long-term bullish fundamentals are still in play.
Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report
Nvidia Corp (NASDAQ:NVDA) and rival semiconductor chip companies could be hit with one more embargo from the Biden administration to China to concentrate artificial intelligence technology development with allies and on Washington’s terms.
Nvidia criticises reported Biden plan for AI chip export curbs
"We would encourage President Biden to not preempt incoming President Trump by enacting a policy that will only harm the US economy, set America back, and play into the hands of U.S. adversaries," Nvidia Vice President Ned Finkle said in an emailed statement.
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Nvidia accuses Biden administration of rushing policy to undercut Trump
Nvidia Corp. accuses the White House of rushing last-minute US chip export rules to damage Trump, criticizing the ...
Nvidia Stock Rises After Tuesday Tumble. What Keeps the Rally Going.
Nvidia stock was looking to find its footing on Wednesday after economic data prompted a Big Tech selloff the previous day.