Nvidia blasts Biden admin over ‘misguided' AI chip restrictions, praises Trump

1. Nvidia criticized Biden's AI chip export restrictions as detrimental to US leadership. 2. New rules limit AI chip exports to over 120 nations, impacting global markets. 3. Nvidia shares fell over 3% following the announcement of the new regulations. 4. Trump's administration might relax these restrictions, potentially benefiting Nvidia's growth. 5. Nvidia advocates for innovation over government control in AI technology policy.