Nvidia Slams Biden for Trying to ‘Preempt’ Trump With Policy

  • New chip rules won’t help national security, Nvidia says
  • CEO said this week that Trump would bring less regulation
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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.

The looming changes, which Bloomberg News reported on Wednesday, would cap the sale of US artificial intelligence chips on both a country and company basis — a move that would more tightly limit exports to most of the world. It’s part of a yearslong US effort to keep the latest technology away from China and Russia.