Reports suggest that U.S. President Biden plans to impose new export restrictions on AI chips from companies like Nvidia (NVDA, Financial), before the end of his term. The goal is to limit the sale of AI chips used in data centers at national and corporate levels, concentrating AI development in allied nations while encouraging global firms to adopt U.S. standards.
Nvidia has expressed opposition to these proposed measures, arguing that introducing last-minute restrictions on global exports would represent a significant policy shift. According to Nvidia, these changes would not mitigate the risk of misuse, but rather threaten economic growth and America's leadership position.
The company emphasized that data centers and businesses worldwide are already integrating AI through accelerated computing. This global interest in accelerated computing for everyday applications represents a significant business opportunity. Nvidia argues that, for the United States, it could also stimulate the economy and increase job opportunities.
