Benzinga:
Nvidia Slams Biden's Country-Specific Chip Rules: 'Legacy That Will Be Criticized'
by Pooja Rajkumari Benzinga Editor
Nvidia Corp. has expressed strong disapproval of the Biden administration’s anticipated chip export restrictions. The proposed regulations aim to limit the global sale of U.S. artificial intelligence chips.
What Happened: The new rules, expected to be announced as soon as Friday, are designed to curb chip exports to most nations, with a focus on preventing advanced technology from reaching China and Russia. Ned Finkle, Nvidia's vice president of government affairs, criticized the policy, arguing it would not bolster national security but instead push the world towards alternative technologies, Bloomberg reported on Wednesday.
Finkle contended that the policy, which includes a “country cap,” would affect mainstream computers globally. He highlighted that the technology in question is already common in gaming PCs and everyday data-center computers, questioning the logic behind the restrictions.
The proposed regulations would create three tiers of chip curbs, allowing some U.S. allies full access to American chips. However, most countries would face new limitations, including caps on computing power.
"This last-minute Biden administration policy would be a legacy that will be criticized by U.S. industry and the global community," Finkle said.
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