“I can not say what’s gonna occur. We had a gathering. It was a very good assembly,” Trump stated.
The Friday afternoon assembly got here as the federal government is about to additional limit AI chip exports this spring to make sure superior computing energy stays in the US and amongst its allies, whereas in search of extra methods to dam China’s entry.
“We appreciated the chance to fulfill with President Trump and talk about semiconductors and AI coverage,” an Nvidia spokesperson stated in a press release. “Jensen and the President mentioned the significance of strengthening US expertise and AI management.”
The supply with data of the assembly between the president and the CEO of the Santa Clara, Calif.-based firm, which makes probably the most superior AI chips, stated it was arrange earlier than DeepSeek rocked the tech world.
Uncover the tales of your curiosity
The supply additionally stated the president thinks the Chinese language firm’s emergence means “US firms do not should spend a ton of cash constructing a low-cost (AI) various.” The assembly befell as worries are mounting that China is catching as much as the US in AI growth. China’s DeepSeek final week launched a free assistant it says makes use of much less information at a fraction of the price of US fashions.
Inside days, DeepSeek turned probably the most downloaded app in Apple’s App Retailer and stirred considerations about the US’ lead in AI, sparking a rout that wiped round $1 trillion off US expertise shares. At one level, shares of Nvidia, a prime producer of AI chips, fell 17%.
The Trump administration is contemplating tightening restrictions on Nvidia’s gross sales of its H20 chips designed for the China market, three folks conversant in the matter advised Reuters on Wednesday.
Conversations amongst Trump officers to limit shipments of these chips to China are in early levels, the sources stated, however the thought has been into account since Democratic former President Joe Biden‘s administration. H20 chips can be utilized to run AI software program and had been designed to adjust to current US curbs on shipments to China applied by Biden.
Two US lawmakers are additionally calling for extra restrictions on exports of Nvidia’s synthetic intelligence chips.
Republican John Moolenaar and Democrat Raja Krishnamoorthi, who lead the Home of Representatives Choose Committee on China, requested for the transfer as a part of a Commerce and State Division-led evaluate ordered by Trump to scrutinize the US export management system in mild of “developments involving strategic adversaries.”
In 2022, the Biden administration restricted gross sales of Nvidia’s strongest AI chip, the H100, to China. Nvidia then launched a brand new variant, the H800, which fell slightly below the export threshold, for the Chinese language market. The H800 was restricted in 2023 and Nvidia got here out with the H20 final 12 months.
Reuters reported on Thursday that the US Commerce Division is trying into whether or not DeepSeek has been utilizing US chips that aren’t allowed to be shipped to China.
Discover more from News Journals
Subscribe to get the latest posts sent to your email.
