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, chip stocks drag tech lower as new Biden export rules, jobs report weigh
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
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 Stock Falls as It Slams Biden China Chip Policy
Nvidia stock fell early Friday as the chip maker hit back at the Biden administration over reported plans to tighten restrictions on sales to China and other countries.
Biden to Impose More Limits on Nvidia AI Chip Exports, Report Says
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.
Nvidia: Further Restrictions on AI Chip Exports Would 'Harm Economy'
"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 US adversaries," Nvidia VP Ned Finkle tells Reuters on Friday.
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.
Nvidia Criticises 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 ‘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.
Nvidia opposes Biden's AI chip export plan: report
Nvidia has voiced strong opposition to a reported plan by the Biden administration to impose new restrictions on AI chip exports. The leading AI chip company has called the policy potentially harmful to the US economy,
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 Is Furious Over Biden Admin's Sweeping Tech Export Restrictions
The outgoing presidential administration seeks to drop one last bombshell on the US tech industry before it goes.