On May 7 local time, a spokesperson for the U.S. Department of Commerce said that the Trump administration plans to revoke and revise a rule limiting the export of advanced AI chips issued during the Biden era. This news drove up the stock prices of AI chip companies. By the closing of U.S. stocks on the same day, Nvidia's stock price rose more than 3%, and AMD's stock price increased by nearly 2%.

The spokesperson for the U.S. Department of Commerce stated: "The AI regulations during the Biden era were overly complex and bureaucratic, which would hinder American innovation. We will replace it with a simpler rule to unleash America's innovative potential and ensure its dominance in the AI field."

This statement coincides with Nvidia's response to issues related to chip exports recently. Last week, after meeting with U.S. lawmakers in Washington, CEO Jensen Huang of Nvidia was asked about the new rules and he expressed his hope that the Trump administration would modify regulations related to exporting AI technology to allow businesses to better seize opportunities brought by future technologies.

Nvidia responded to Yicai reporter: "America cannot manipulate regulatory agencies to win in artificial intelligence. American companies should focus on innovation and meet challenges to ensure their position in the AI field."

In January, just before Biden left office, he issued a framework called "AI Dissemination Framework." This rule divides countries around the world into several levels, with varying degrees of restrictions on the number of U.S. AI chips each country can obtain based on its level. The spokesperson for the U.S. Department of Commerce said that this grading system is unpopular and that the rule cannot be enforced. However, the debate over what alternative solution the Trump administration will adopt is still ongoing.

Jensen Huang said last week: "I'm not sure what the new AI Dissemination Framework rule will be like, but no matter what the final result is, we must acknowledge that fundamental changes have occurred in the world since the previous version of the rule was released."

"China has half of the world's AI researchers and high-level AI experts at every level of the AI stack." Jensen Huang said recently. He also mentioned that China is not lagging behind in the AI field, and in fact, the two countries are "very close."

In addition to Nvidia, AMD also emphasized the potential of China's AI market recently. Lisa Su, CEO of AMD, mentioned on May 6 after the company's earnings release that China is a "huge opportunity" for semiconductors and AI industries.

She said: "We should strike a balance between national security export controls and ensuring that our technology is applied as widely as possible."

Both Nvidia and AMD are dealing with complex chip exports and changing tariff issues. Due to chip export restrictions, Nvidia had to write down $5.5 billion, and AMD's latest financial report also stated that the company will lose $1.5 billion this year due to chip export controls.

In the context of constantly changing policies, Jensen Huang and Lisa Su both mentioned "flexibility." Recently, Jensen Huang said at a tech summit in Las Vegas: "The world changes every day, and regardless of the policy, companies should remain flexible."

Lisa Su also said: "We have learned how to flexibly respond to all changes in the semiconductor supply chain, and we will continue to closely monitor all these trends to ensure appropriate responses in the future."

Before the implementation of U.S. chip export rules, the Chinese market accounted for about a quarter of Nvidia's and AMD's global sales. Last year, Nvidia's sales in China reached $17 billion.

Jensen Huang said that within the next two to three years, the Chinese AI market size will reach approximately $50 billion. "It would be a huge loss for a company if it cannot serve the Chinese market," Huang said.

(This article comes from Yicai.)

Original source: https://www.toutiao.com/article/7501915272850031104/

Disclaimer: This article represents the views of the author alone. Please express your attitude by using the 'like/dislike' buttons below.