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Will Nvidia stock drop by more than 10% due to 'AI Diffusion' restrictions by March 31, 2025?
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Nvidia Criticizes Biden's 'AI Diffusion' Export Restrictions, Praises Trump's Approach
Jan 14, 2025, 02:13 PM
In its last days in office, the Biden administration has introduced new export restrictions on advanced AI chips, known as the 'AI Diffusion' rule, aiming to limit access by certain countries, including China. Nvidia, a leading AI chip manufacturer, criticized the new regulations as 'misguided,' warning that they could 'threaten to derail innovation and economic growth worldwide' and 'undermine America's leadership' in artificial intelligence. Nvidia's vice president of government affairs, Ned Finkle, expressed concern over the impact of the rule on the U.S. technology sector and praised the Trump administration's hands-off approach to the tech industry.
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