00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Trump administration is considering draft regulations that would require U.S. approval
00:06for most global exports of AI chips from companies, including NVIDIA and advanced micro devices,
00:12according to Bloomberg. The proposed rule would require U.S. approval for most exports of AI
00:17accelerators from companies, including NVIDIA and advanced micro devices, expanding current
00:23restrictions that cover about 40 countries. Trump's team has said the goal is to promote
00:27global use of American AI, not bad NVIDIA exports. The proposed rule would require companies and
00:33some governments to seek U.S. approval to buy AI accelerators, giving Washington control over
00:38which countries can build major AI infrastructure. NVIDIA fell as much as 1.9 percent, and AMD
00:45declined 2.3 percent after the report. For all things money, visit Benzinga.com.
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