NVIDIA shares increase on report Trump will end the export restrictions of the chips

Nvidia The stocks rose on Wednesday with a report that the Trump government is planning to revise a number of chipasser restrictions as “AI diffusions”.

The rule that has been proposed in the last days of bidges management organizes countries in three different levels that have all different restrictions, whether advanced AI chips such as those from Nvidia, AMD and Intel can be sent to the country without license.

The Trump government plans to remove the rule, reported Bloomberg on Wednesday. The chip restrictions should be effective on May 15th.

Nvidia had no comment on the reported step of the Trump administration.

Chipmaker like Nvidia and AMD were against the rule.

Lisa SU, CEO of AMD, said CNBC on Wednesday that the United States has a balance between the restriction of access to chips for national security and the provision of access, which will strengthen the American chip industry.

Jensen Huang, CEO of Nvidia, said at the beginning of this week that it was an “enormous loss” to be excluded from the Chinese AI market.

Read the full Bloomberg story here: Trump to lift global chip -side stones in the middle of AI restrictions

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