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Nvidia’s Jensen Huang talks chip controls with Trump, hits regulation

Nvidia CEO Jensen Huang said he met with President Donald Trump on Wednesday and the two men discussed chip export restrictions as lawmakers considered his proposal to limit exports of advanced artificial intelligence chips to countries like China.

“I’ve said many times that we support export controls and that we need to ensure that American companies have the best, the most, and the firsts,” Huang told reporters on Capitol Hill.

Lawmakers were considering including the Ensuring Access and Innovation for National Artificial Intelligence Act in a major defense package known as the National Defense Authorization Act. The GAIN AI Act requires chipmakers like Nvidia. Advanced Micro Devices US companies will be given the right to choose artificial intelligence chips before selling them in countries such as China.

The proposal is not expected to be part of the NDAA. Bloomberg reportedQuoting someone who knows the subject.

Huang said it was “wise” to leave the proposal out of the annual defense policy bill.

“The GAIN AI Act is even more harmful to the United States than the AI ​​Proliferation Act,” Huang said.

Nvidia’s CEO also criticized the idea of ​​creating a panoply of state laws regulating artificial intelligence. The concept of regulation on a state basis, pushback generated came from tech companies and spurred the creation of a super PAC called “Leading the Future,” backed by the AI ​​industry.

“State-by-state AI regulations could bring this industry to a halt and create a national security concern as we need to ensure that the United States advances AI technology as quickly as possible,” Huang said. “A federal regulation of AI is wisest.”

Embers insisted last month Lawmakers will include a provision in the NDAA that would preempt state AI laws in favor of a “single federal standard.”

But House Majority Leader Steve Scalise (R-LA) told CNBC’s Emily Wilkins on Tuesday that the provision would not make it into the bill due to a lack of sufficient support. Scalise added that he and other lawmakers will continue to look for ways to create a national standard on artificial intelligence.

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