
Nvidia has had to deal with the U.S. government putting restrictions on what the company imports via tariffs, as well as what it exports. Policies put in place under the Biden administration and continued under President Donald Trump restrict the company from selling AI chips to China, which undercuts its earnings possibilities.
Nvidia CEO Jensen Huang has been outspoken on how the export ban can be harmful in the AI race among different countries, as it could lead China to put more resources into speeding up the development of more advanced AI. His sentiment is being reciprocated by the CEO of another semiconductor company.