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Nvidia welcomes Trump’s proposal to rescind global chip restrictions


Donald Trump's administration is expected to rescind Joe Biden's curbs on AI chip sales as part of a broader effort to revise semiconductor restrictions, Bloomberg reported.

Donald Trump’s administration is expected to rescind Joe Biden’s curbs on AI chip sales as part of a broader effort to revise semiconductor restrictions, Bloomberg reported. With the AI Diffusion Rule revoked, America will have a once-in-a-generation opportunity to lead the next industrial revolution and create high-paying U.S. jobs, build new U.S.-supplied infrastructure, and alleviate the trade deficit.” Bloomberg said that the change in policy is happening as Trump prepares for a trip to the Middle East, where Saudi Arabia and the United Arab Emirates have reportedly balked at the curbs on their ability to acquire AI chips.

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