NVIDIA shares rise with Trump’s readiness to end the chips export restrictions

Nafidia The shares rose on Wednesday with the Trump administration’s willingness to cancel what is known as the “artificial intelligence prevalence base”, which effectively stopped a set of artificial intelligence chips from walking later this month.

A spokesman for the Ministry of Commerce confirmed the CNBC plan after Bloomberg It was reported earlier.

“The Biden International Base is very complicated, and an excessive bureaucracy, and we will fall into the American innovation. We will replace it with a much simpler base that launches the American innovation and ensures the dominance of the American AI,” a spokesman for the Ministry of Commerce said in a statement.

The rule, which was proposed in the last days of the Biden Administration, is organizing the two countries at three different levels, all of which have different restrictions on whether advanced artificial intelligence chips like those made by NVIDIA, Advanced small devices and Intel It can be shipped to the country without a license.

The chips restrictions were scheduled to enter on May 15. NVIDIA refused to comment.

Chips makers including NVIDIA and AMD It was against al -Qaeda.

AMD CEO Lisa CNBC told on Wednesday that the United States should achieve a balance between restricting access to national security chips and providing access, which will enhance the American chips industry.

Nafidia CEO Gensen Huang He said earlier this week that the closure of the Chinese artificial intelligence market would be “a huge loss.”