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Indian News: Breaking Stories and TrendsIndian News: Breaking Stories and Trends
Home » Blog » Nvidia welcomes Trump’s proposal to rescind global chip restrictions

Nvidia welcomes Trump’s proposal to rescind global chip restrictions

Rajesh SharmaBy Rajesh Sharma Technology
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Donald Trump is expected to rescind Joe Biden’s curbs in AI chips sales as part of a broader effort to review semiconductor restrictions, Bloomberg reported.

In a statement, Nvidia said: “We welcome the leadership of the administration and the new direction on the IA. With the dissemination rule of the revocated, the United States will have a unique opportunity in the generation of leading the next industrial revolution and creating infras, jobs and jobs relieve the commercial deficit.”

Biden’s restrictions in the Cips sales of AI remembered the days when PlayStation 2 sales were restricted because their processing power was considered close to that of a supercomputer, and that was dangerous if it fell into the hands of those who tried to try.

As such, restrictions attracted the opposition of the main technological companies and foreign governments, Bloomberg said. The news publication said that repeal is not yet definitive, but that it could raise regulations on the export of Nvidia chips and others. According to the reports, Trump will not enforce AI’s dissemination rule when it enters into force on May 15. It may be a coincidence that the CEO of Nvidia, Jensen Huang, has visited Trump in the White House earlier this year.

Bloomberg said that the change in politics is happening while Trump prepares for a trip to the Middle East, where Saudi Arabia and the United Arab Emirates have reported in the curbs of their ability to acquire chips AI. The price of Nvidia shares increased in negotiation today.

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