Nvidia CEO Jensen Huang Meets Trump On Chip Limits

Nvidia CEO Jensen Huang said he met with President Trump on Wednesday to discuss U.S. chip-export restrictions. Huang reiterated that he supports export controls designed to ensure American companies get priority access to cutting-edge AI technology. Lawmakers had considered adding the GAIN AI Act to the annual defense bill, which would require Nvidia and AMD to give U.S. buyers first access to advanced chips before selling overseas. Bloomberg reported the measure is unlikely to be included. Huang said leaving the GAIN AI Act out of the bill was the right move and argued it could harm U.S. competitiveness more than other proposals like the AI Diffusion Act. He also cautioned that a patchwork of state-level AI rules would slow industry progress, noting that major tech firms are now backing a super PAC to oppose fragmented regulations.