Nvidia CEO Urges US to Revise AI Chip Export Rules

Nvidia CEO Jensen Huang has called for a revamp of U.S. export controls on advanced AI chips, arguing that current regulations restrict the global competitiveness of American technology firms and should be updated to reflect the rapidly changing international landscape. Huang specifically warned that China, and companies like Huawei, are quickly closing the gap in AI capabilities, making broader access to U.S. technology crucial for maintaining leadership. The existing 'AI Diffusion Rule,' established under the Biden administration, imposes tiered limits on chip exports to foreign entities, particularly restricting sales to China and Russia, while allies face fewer barriers. Nvidia contends that these restrictions could accelerate the development of rival technologies abroad, especially in China, and that loosening them could expand market opportunities in Asia and Europe. However, U.S.-based AI company Anthropic supports the current rules and advocates for even stricter controls in some areas, arguing that strong export limits are necessary for national security and to prevent misuse. The Trump administration is reportedly considering changes, including replacing the tiered system with a global licensing model, a move closely watched by both industry and investors.