Trump to Meet with Nvidia CEO Amid AI Chip Export Restrictions
President Donald Trump will host Nvidia CEO Jensen Huang at the White House on Friday. The meeting comes as the Trump administration considers further restricting AI chip sales to China.
The US is set to implement new AI chip export rules this spring to maintain its technological edge. China has made significant strides in AI development, raising concerns in the US.
DeepSeek, a Chinese company, recently launched a free AI assistant that has sparked concerns about the US's lead in AI. Nvidia, a leading producer of AI chips, experienced a decline in its stock price following the announcement.
The Trump administration is exploring tightening restrictions on Nvidia's H20 chips, designed for the Chinese market. Additionally, two US lawmakers have called for further export restrictions on Nvidia's AI chips.
The US Commerce Department is investigating whether DeepSeek is using US chips that cannot be shipped to China. The meeting between Trump and Huang is likely to address these issues. Stay tuned for updates.