The executive director of Nvidia, Jensen Huangsaid this Friday that he will not attend the inauguration of the president-elect of the United States, donald trumpbut will be “on the road” celebrating the Lunar New Year with his employees and families.
When asked by journalists outside A’s partyNvidia’s New Year in Taipei If he had spoken to the incoming Trump administration about the new artificial intelligence (AI) export control rules that the outgoing Biden administration unveiled this week, Huang said, “not yet.”
“But I hope to congratulate the Trump administration when they take office“.
He also said he had met CC Wei, the president of Nvidia’s main supplier TSMC, for lunch, where they discussed ramping up production of Nvidia’s most advanced AI chips. Blackwell.
Rising demand for chips has catapulted Santa Clara, California-based Nvidia into the ranks of the world’s most valuable companies, with a market value exceeding $3 trillion. However, the US government’s new export restrictions on AI chips may complicate Nvidia’s ability to achieve the strong revenue growth that investors expect.
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The regulations, announced by President Joe Biden’s administration on January 13, limit exports of AI chips to most countries except a select group of close US allies, including Taiwan. They also maintain an export blockade to some countries, including China, as Washington tries to close regulatory loopholes and prevent Beijing from acquiring advanced chips that could bolster its military capabilities.
On Monday, N.vidia criticized Washington’s latest effort to tighten its control over the flow of chips of AI around the world, saying that regulation would jeopardize the current US leadership in AI.
The new regulations will come into force 120 days after publicationwhich gives the new administration time to intervene.
Huang attended an Nvidia New Year’s party in Shenzhen on Wednesday, according to posts on Chinese social media. He is expected to visit Beijing on Monday for the company’s party there, a source close to Nvidia said.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
