$NVIDIA (NVDA.US)$ WASHINGTON, Jan 31 (Reuters) - U.S. President Donald Trump will meet with Nvidia chief executive Jensen Juang at the White House on Friday, a White House official said on the condition of anonymity.
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My very first day with Moo Moo App ![]()
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hanna8lim OP 4934 : There is no such information.
WASHINGTON, Jan 31 (Reuters) - U.S. President Donald Trump will meet with Nvidia chief executive Jensen Huang at the White House on Friday, a White House official said, following reports that the Trump administration is studying new ways to restrict AI chip sales to China.
Additional details were not immediately available.
Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's NVDA.O sales of its H20 chips designed for the China market, three people familiar with the matter said.
Conversations to restrict shipments of those chips to China are in very early stages among Trump officials, the sources said, adding that the idea has been under consideration since Democratic former President Joe Biden's administration. H20 chips can be used to run AI software and were designed to comply with existing U.S. curbs on shipments to China implemented by Biden.
Worries are mounting that China is catching up to the United States in AI development after China's DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of incumbent players' models, possibly marking a turning point in the level of investment needed for AI.
Two U.S. lawmakers are also calling for restrictions on exports of Nvidia's artificial intelligence chips.
Republican John Moolenaar and Democrat Raja Krishnamoorthi, who lead the House of Representatives Select Committee on China, asked for the move as part of a Commerce and State Department-led review ordered by Trump to scrutinize the U.S. export control system in light of "developments involving strategic adversaries."
(Reporting by Jarrett Renshaw; Writing by Doina Chiacu; editing by Susan Heavey)