Nvidia Slams Biden for Trying to ‘Preempt’ Trump With Chip Rules
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 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%.
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.
Biden Further Limits Nvidia, AMD AI Chip Exports
Good morning. Joe Biden takes one final stand to limit AI chip exports. Apple loses its latest plea to keep iPhones in Indonesia. And a late football manager’s cozy lakeside mansion is up for sale. Listen to the day’s top stories.
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.
White House plans new limits on exports of AI tech, vexing industry
China is said to be a key target of rules motivated by national security. The tech industry calls it overreach.
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 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.
Biden reportedly weighs global limits on AI exports in 11th-hour trade war blitz
China faces outright ban while others vie for Uncle Sam's favor The Biden administration is reportedly weighing new limits in the ongoing US-China trade war, which would ban high-end AI accelerators to adversary nations and impose restrictions on AI models for others.
Biden Imposes Strict AI Chip Export Rules—NVIDIA Shares Take a Hit
Biden plans new AI chip export restrictions to prevent technology access for China and Russia, aiming for global compliance.
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