Nvidia raises concerns over US export proposal for advanced chips

Nvidia has expressed concerns over a new U.S. government proposal regarding the export of advanced computer chips. The framework allows 20 key allies, including the UK and Japan, to access chips without restrictions, while limiting access for other countries. Nvidia's vice president stated that the proposal could hinder innovation and does not effectively address national security concerns. Executives in the chip industry worry that the rules may restrict access to chips used in gaming and AI products in 120 countries. The framework includes a 120-day comment period, during which the incoming Republican administration could influence the final rules. The U.S. aims to maintain its lead in AI technology amid competition from countries like China.