Nvidia (NVDA) CEO Jensen Huang has urged the Trump administration to revise export regulations on AI technology, emphasizing the need for U.S. businesses to seize global opportunities in a rapidly evolving technological landscape, as reported by Bloomberg News on Wednesday. Huang’s comments come as the administration considers amending a Biden-era regulation, set to take effect on May 15, known as the Framework for Artificial Intelligence Diffusion, which restricts access to advanced AI chips and certain model weights to prioritize cutting-edge computing within the U.S. and its close allies. The proposed changes, reported by Reuters on Tuesday, may eliminate a tiered system that limits the number of chips countries can obtain, potentially easing constraints on companies like Nvidia.
Speaking to the media, Huang noted, “I’m not sure what the new diffusion rule is going to be, but whatever it turns out to be, it really has to recognize that the world has changed fundamentally since the previous diffusion rule was released,” highlighting the need for policies that reflect current global dynamics. The existing framework aims to safeguard national security by curbing the proliferation of powerful AI technologies, but critics argue it hampers U.S. firms’ ability to compete in international markets where demand for AI infrastructure is surging. Nvidia, a leader in AI chip production, faces significant implications from these regulations, as its advanced semiconductors are critical to applications ranging from generative AI to autonomous systems.