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Nvidia’s flattery of Trump wins reversal of AI chip limits and a Huawei clampdown | Obstacles threatening Nvidia’s AI chip dominance are being tactically removed.
Kissing ass pays off.
The US Department of Commerce (DOC) announced on Monday that it has rescinded the Artificial Intelligence Diffusion Rule, due to take effect on May 15th, that aimed to restrict how many US-made AI chips could be sent to international markets without special government approval. Shortly after the Diffusion Rule was introduced by former President Joe Biden in January, Nvidia issued a statement calling it “misguided,” while anticipating a return to Trump’s first term policies “that strengthen American leadership, bolster our economy and preserve our competitive edge in AI and beyond.” His absence doesn’t appear to have soured the relationship between them, however, with Huang spotted cosying up to Trump at a US-Saudi investment summit in Riyadh on Tuesday, alongside other tech leaders like Elon Musk, AMD’s Lisa Su, OpenAI’s Sam Altman, and Epic CEO Tim Sweeney.
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