Nvidia has criticized the Biden administration for upcoming new AI restrictions just a week before President-elect Donald Trump takes office. The U.S. chipmaker said the

NVIDIA’s vice president of government affairs, Ned Finkle, criticised the proposed rules, arguing that targeting mainstream AI chips under the guise of an anti-China policy is counterproductive

President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.

Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing U.S. leader should not "preempt incoming President Trump" by enacting a last-minute policy.

The chip maker urged the incumbent president not to 'pre-empt' the Trump administration with a policy to tighten export controls.

Exactly what does this new directive really do when it comes to AI chips? I mean, this is another way of kind of slicing the cake and creating more restrictions. What has happened up until now has been,

KEY TAKEAWAYS In its last days in the White House, the Biden administration reportedly is planning new regulations that could be announced as soon as Friday to further limit the export of artificial intelligence (AI) chips by companies like Nvidia.