Nvidia says new chip rule ‘will derail AI progress for industries’


Nvidia headquarters in Santa Clara, California, USA

Editorial JHVEPhoto/iStock via Getty Images

Nvidia (NASDAQ:NVDA) on Monday criticized new efforts by the outgoing Joe Biden administration to restrict the export of American technology.

Nvidia shares fell 3% premarket monday

“By restricting access to mainstream computing applications worldwide, the new ‘AI diffusion’ rule will derail AI.



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