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Nvidia raises concerns over Biden’s reported export restrictions

Nvidia has expressed concerns regarding the Biden administration’s reported plans to implement new export restrictions on AI chips.

Vice President Ned Finkle criticized the potential policy, warning it could negatively impact the United States economy and advantage foreign competitors.

The proposed restrictions aim to limit AI chip exports to nations deemed adversaries. They also seek to cap the computing power that can be sent to specific countries.

These measures are intended to impede military technology advancements, particularly concerning China.

Finkle said while the policy is presented as a measure against China, its effects would be global.

It would influence computer systems and promote alternative technologies.

The US Commerce Department and the White House have not yet commented on the proposed restrictions.

Recent Nvidia developments

Timeline
09-Jan-2025Nvidia unveils breakthrough AI chips at CES 2025
  • Nvidia chips exceed Moore’s Law predictions.
  • New superchip shows 30-40x faster AI inference.
09-Jan-2025 🏢 Nvidia eyes Taiwan office expansion: CEO Jensen Huang
  • Nvidia plans to expand office in Taiwan.
  • CEO hints at announcement during Computex Taipei.
09-Jan-2025 🖥️ Nvidia launches AI computer with MediaTek CPU
  • Nvidia launches Project Digits at CES 2025.
  • Features Blackwell AI chip, priced at $3,000.
08-Jan-2025 🤖 Nvidia-backed Serve Robotics raises $80m for expansion

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