It is reported that Nvidia CEO Jensen Huang met with President Donald Trump to discuss US export controls on advanced AI chips, expressing concerns that these restrictions have significantly reduced Nvidia’s market share in China. In the background, it is also reported that US lawmakers are considering to not include the GAIN AI Act in the annual defense package, known as the National Defense Authorization Act. The GAIN AI Act would have required chipmakers like Nvidia and Advanced Micro Devices to give US companies first pick on their AI chips before selling them in countries like China and other adversary nations (effectively limiting the company’s ability to sell chips to such markets).
Click here for the official article/release
Disclaimer
The Legal Wire takes all necessary precautions to ensure that the materials, information, and documents on its website, including but not limited to articles, newsletters, reports, and blogs (“Materials”), are accurate and complete. Nevertheless, these Materials are intended solely for general informational purposes and do not constitute legal advice. They may not necessarily reflect the current laws or regulations. The Materials should not be interpreted as legal advice on any specific matter. Furthermore, the content and interpretation of the Materials and the laws discussed within are subject to change.
