Nvidia CEO Jensen Huang, on the right, speaks alongside President Donald Trump, who invests in the White House in America on April 30, 2025, in the White House in Washington.
Jim Watson | AFP | Getty images
The Trump administration has prepared on Wednesday to revoke us the export restrictions of Chip, known as the “AI diffusing rule”, making a series of artificial intelligence semiconductor limits effective next week.
A spokesperson for the Ministry of Commerce confirmed the plan to CNBC after Bloomberg had previously reported it.
Nvidia Shares climbed on Wednesday in response to the news.
“We welcome the leadership and the new direction of the administration on the AI policy,” said a Nvidia spokesperson in a statement. “With the AI diffusion rule in the field of rebowed, America will have an in-one-generation ocompanpasity to lead the next industrial revolution and to create well-paid American jobs, to build new infrastructure supplied by the US and to illuminate the trade deficit.”
The rule, which was proposed in the last days of the BIDEN administration, organizations land in three different layers, all of which have different restrictions on whether advanced AI chips such as Thos made by Nvidia, Advanced micro devices And Intel Can be sent to the country without a permit.
The chip restrictions were planned to take effect on May 15.
“The Biden AI rule is overly complex, overly bureaucratic and would hinder American innovation,” said a spokesperson for the Ministry of Trade in a statement. “We will replace it with a much simpler rule that unleashes American innovation and unleashes the American AI -Dominance.”
Chip makers, including Nvidia and AMD, have been against the layered limitations.
AMD CEO Lisa You told CNBC on Wednesday that the US should find a balance between limiting access to chips for national security and offering access, which will stimulate the American chip industry.
Jensen Huang, CEO of Nvidia, said earlier this week that a “huge loss” would be locked outside the Chinee AI market.