Nvidia criticizes Biden's AI chip export rules and supports Trump

Nvidia criticized the Biden administration for new rules limiting AI chip exports, calling them "misguided." The company expressed support for President-elect Donald Trump, claiming his policies fostered innovation and competition in the tech sector. The new regulations cap advanced chip shipments to over 120 nations, including Israel and Mexico, while maintaining existing bans on adversaries like China and North Korea. Small orders of 1,700 chips or fewer will not require licenses. Commerce Secretary Gina Raimondo defended the rules, stating they are necessary for national security. The restrictions aim to protect U.S. technology leadership as AI capabilities grow.