<ul><li>The Trump administration plans to rescind Joe Biden's curbs on AI chip sales as part of a broader effort to revise semiconductor restrictions.</li><li>Nvidia has welcomed the administration's decision, stating that it provides an opportunity for America to lead the next industrial revolution and create high-paying U.S. jobs.</li><li>Biden's restrictions on AI chip sales were compared to historical limitations on technology exports that were seen as potentially dangerous in the wrong hands.</li><li>The repeal of the AI Diffusion Rule could lift export regulations on chips from Nvidia and other companies, with the change possibly influenced by discussions between Nvidia's CEO and Trump earlier this year.</li></ul>

Nvidia welcomes Trump’s proposal to rescind global chip restrictions

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