Overview

• A Bloomberg report indicates the Trump administration plans to rescind the AI diffusion export rule before its scheduled May 15 implementation.
• The AI diffusion rule, finalized under the Biden administration, organizes countries into three tiers with varying licensing requirements for advanced AI chip exports.
• Nvidia shares rose following the reported policy reversal, reflecting industry concerns over losing access to the Chinese AI market.
• AMD CEO Lisa Su emphasized the need to balance national security with supporting the U.S. chip industry's global competitiveness.
• Nvidia CEO Jensen Huang recently described exclusion from the Chinese AI market as a significant potential loss for the company.