In an unusually public broadside on Monday, Nvidia criticized the Biden administration for introducing “misguided” rules restricting shipments of AI computer chips and praised President-elect Donald Trump.
The semiconductor giant, which has ridden the AI wave to become the world's most valuable company, objects to a last-minute rule announced Monday that would cap the number of advanced chips that most countries can buy from U.S. companies. Ta.
The new policy will also strengthen requirements for the export of AI-related data for companies that create closed-source models, such as Google and OpenAI.
Ned Finkle, vice president of external affairs at Nvidia, said: “In the final days of his term, the Biden administration has amassed over 200 pages of regulatory morass, drafted in secret and without proper legislative review.'' “This is an attempt to undermine U.S. leadership.”
“This widespread overreach would impose bureaucratic controls on how major American semiconductors, computers, systems, and even software are designed and sold globally,” Finkle said. added.
Nvidia stock fell more than 3% following the Biden administration's announcement. The company is the largest supplier of advanced graphics processing units (GPUs) that power data centers associated with AI models.
Finkle said that Trump “laid the foundation for America's current strength and success in AI” during his first term in office, and that the Biden administration's rules could undermine that advantage. Ta.
“As the first Trump administration showed, America wins by innovating, competing, and sharing technology with the world, not by retreating behind walls of government tyranny,” Finkle said. Ta.
“We look forward to a return to policies that strengthen American leadership, strengthen our economy, and maintain our competitiveness in AI and other areas.”
Representatives of Trump's transition team did not respond to requests for comment.
The rule is scheduled to go into effect after a 120-day comment period. This means the Trump administration should have wide discretion over how the policy is implemented and whether changes need to be made.
Officials said the rule was necessary to protect U.S. national security and prevent adversaries such as China and North Korea from accessing advanced technology. But critics, including Nvidia, say it's too restrictive and could hurt innovation.
Foreign adversaries such as China, Russia, North Korea and Iran already face export bans on advanced AI chips. Under the new rules, more than 120 countries, including Israel, Switzerland and Mexico, could face new restrictions on access to chips.
Eighteen close U.S. allies, including Britain, Australia, Canada and Taiwan, will not face any new restrictions. According to the White House.
In addition, relatively small orders of 1,700 or fewer advanced chips, referred to as the “supermajority” of orders, do not require a license and do not count toward the national chip count.
Companies that provide cloud computing services internationally, such as Microsoft, Amazon, and Google, can apply for an exemption as long as they meet certain security requirements.
Commerce Secretary Gina Raimondo, who has led the government's efforts to tighten export controls, has argued that the restrictions will maintain U.S. leadership in artificial intelligence while protecting national security.
“As AI becomes more powerful, the risks to national security become even more serious,” Raimondo said in a call with reporters.
Nvidia is the latest of several U.S.-based tech companies to seek closer ties with President Trump since his election victory.
Meta Inc.'s Mark Zuckerberg and Amazon Inc.'s Jeff Bezos have each met with President Trump in recent weeks, and X Company owner Elon Musk has become a key adviser to the president-elect. .
President Trump has vowed to support U.S. innovation, appointing former PayPal executive David Sachs to the newly created role of “White House AI and Cryptocurrency Czar.''
with post wire
