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Nvidia CEO Jensen Huang during his keynote at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025.
Photo: Patrick T. Fallon/AFP (Getty Images)

The Biden administration’s anticipated chip restrictions are being criticized by chip leader Nvidia (NVDA).

President Joe Biden’s last round of chip export controls would curb the sale of artificial intelligence chips from U.S. firms such as Nvidia to specific countries and companies, Bloomberg reported. The rules, which are expected days before Biden leaves office, aim to support AI development among U.S. allies and promote U.S. standards globally, Bloomberg reported, citing unnamed sources familiar with the matter.

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