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Fortune
Fortune
CFO Brew, Graison Dangor

Nvidia exec says the AI chipmaker 'looks forward' to Trump's return as Biden administration proposes sales caps on computer chips

Donald Trump (Credit: Getty Images—Rebecca Noble)

The Biden administration’s new proposal to block or cap sales of AI computer chips throughout most of the world has not, shall we say, brought a smile to the face of AI chipmakers, tech companies who use them, or the countries that didn’t make the list for unlimited purchases of the tech.

The rule—proposed by the administration on its last full Monday in office—would extend its ban on selling AI chips to certain foreign countries, including China and Russia, the New York Times reported, while 18 foreign countries would have no limits on how many of the advanced chips they can buy.

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