Nvidia's Opposition to Biden's Chip-Export Curbs
Nvidia is pushing back against new regulations over artificial-intelligence technology proposed by the Biden administration. The company is appealing to President-elect Donald Trump to reject these policies, fearing even more restrictive conditions. Nvidia's vice president of government affairs, Ned Finkle, criticized the proposed regulations as a bureaucratic overreach that would impact the design and marketing of semiconductors, computers, systems, and software globally. The stock price of Nvidia is dropping in response to these developments.