Trump administration's next wave of China AI chip export rules are yet another obstacle for Nvidia

Nvidia announced an agreement with Saudi Arabia on Tuesday to develop the kingdom's artificial intelligence capabilities, a sign of its expanding global strategy. The partnership goes beyond the AI chip leader's conventional Western collaborations and may serve as a litmus test for future U.S. export policies with nations that keep close ties with both Washington and China. But the chip export landscape just got a little more murky. As Nvidia CEO Jensen Huang was in Saudi Arabia announcing the Blackwell deal, the Trump administration released a new round of AI chip restrictions targeting China. The Commerce Department issued a warning against the use of U.S. AI chips for Chinese models and singled out "diversion tactics" and securing supply chains to target smuggling. The release also singled out Chinese tech giant Huawei, labeling the use of the company's Ascend chips "anywhere in the world" a violation of the export controls. The new export restrictions came days after the U.S. ... Read full article.