White House imposes new curbs on AI chip sales, targeting Nvidia

Source Cryptopolitan

The White House has set new standards for selling advanced AI chips by Nvidia Corporation and other software firms. These regulations are set to take effect during the Trump administration, allowing them to determine how or whether they will implement the policies.

The curb, which has seen fierce resistance from the industry and will become active in one year, has put a cap on the amount of computing power that can be exported to most countries. However, entities in such countries can circumvent the national limits by setting up security and human rights standards.

The White House is giving a four-month period to collect company feedback regarding the proposals. The period will be enough for the Trump administration to settle and allow consultations between President Trump’s administration, the companies, and other countries.

Security concerns have triggered the curb

The commerce secretary, Gina Raimondo, said that the move by the Biden administration is trying to balance between national security and trade of chips. Not all chips will be affected as supply chain activities and gaming chips are excluded from the new curbs. Furthermore, Washington will not charge licensing fees for the sale of chips with low collective computing power targeting schools and research centers.

China’s technological growth is raising concerns in the US, and the current move is meant to restrict the supply of AI technology to friendly nations that align with the standards of the United States.

Biden and Trump’s teams have discussed the curb, and one US official agrees that the controls have largely been a bipartisan national security priority.

The rules will apply to importing countries. However, US firms and its 20 allied nations can win permission to sell if they agree with the standards to ship to the restricted nations. For approval, the firms must maintain most of their computing power in friendly territories. The approval will not go to data centers in China, Russia, Macau, and some 20 other locations where the US has an arms embargo, as it has effectively banned AI chip shipments to those places.

Nvidia feels targeted by the curb

Nvidia has responded to the curb by saying that the rule aims to negate Americans’ gains in the technology sector by trying to determine market outcomes and encourage unfair competition.

Ned Finkle, Nvidia’s vice president of government affairs, said:

As the first Trump administration demonstrated, America wins through innovation, competition, and sharing our technologies with the world—not by retreating behind a wall of government overreach.

Ned Finkle

Senators Ted Cruz and Maria Cantwell, the top Republicans and Democrats on the Commerce Committee, made similar comments in a December letter to Raimondo. They wrote that the restrictions are draconian and would negatively affect the sale of US technology abroad. They further added that they could drive foreign buyers to Chinese competitors like Huawei.

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: Gold Falls Below $4,100, Can October Nonfarm Payrolls Fuel Another Rally?As of the Asian session on Friday (November 6), gold prices (XAUUSD) pulled back following consecutive rebounds, dropping about 0.85% intraday to trade near $4,050. Earlier, gold climbed
Author  TradingKey
10 hours ago
As of the Asian session on Friday (November 6), gold prices (XAUUSD) pulled back following consecutive rebounds, dropping about 0.85% intraday to trade near $4,050. Earlier, gold climbed
placeholder
Micron's $4.5 billion Taiwan fab won't make a chip until 2028 — the market sold it as a 2026 problemMicron fell 17.46% to $656.39 after Bloomberg reported construction at its $4.5 billion Taoyuan Fab 11E had all but halted over a labor dispute. The plant was not due online until 2028, so no 2026 output is lost. With FY27 EPS consensus near $160 and 2027 HBM sold out, the selloff is a peak-cycle multiple reset, not a demand collapse — and $650 is the line that separates the two.
Author  Irene Q.
15 hours ago
Micron fell 17.46% to $656.39 after Bloomberg reported construction at its $4.5 billion Taoyuan Fab 11E had all but halted over a labor dispute. The plant was not due online until 2028, so no 2026 output is lost. With FY27 EPS consensus near $160 and 2027 HBM sold out, the selloff is a peak-cycle multiple reset, not a demand collapse — and $650 is the line that separates the two.
placeholder
Gold's $250 week runs into the last payrolls before DecemberSpot gold traded at $4,080.79 after a roughly 6% weekly rally from the Oct 30 low of $3,869.85, touching $4,146.63 on Nov 5. Three bids are stacked into the move: real-rate relief, record official-sector buying, and a geopolitical premium. Tonight's October payrolls (+65K consensus, 4.2% unemployment) decide which bid survives, with $4,000 and $4,200 as the two lines.
Author  Irene Q.
15 hours ago
Spot gold traded at $4,080.79 after a roughly 6% weekly rally from the Oct 30 low of $3,869.85, touching $4,146.63 on Nov 5. Three bids are stacked into the move: real-rate relief, record official-sector buying, and a geopolitical premium. Tonight's October payrolls (+65K consensus, 4.2% unemployment) decide which bid survives, with $4,000 and $4,200 as the two lines.
placeholder
TradingKey Daily Market Brief: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22% During the Asian trading session on November 6, the three major U.S. stock indices tumbled across the board overnight as the sell-off across the AI data center suppl
Author  TradingKey
17 hours ago
During the Asian trading session on November 6, the three major U.S. stock indices tumbled across the board overnight as the sell-off across the AI data center suppl
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 6, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 6, 2026. Read on for the details.
Author  Mitrade
17 hours ago
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 6, 2026. Read on for the details.
goTop
quote