The White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).
NVIDIA Inc., the artificial intelligence powerhouse led by CEO Jensen Huang, is pushing back against new semiconductor export regulations imposed by President Joe Biden's administration.