Nvidia boss Jensen Huang steers Trump, Congress against AI chip limits and state-level AI rules

• Nvidia CEO Jensen Huang met with Donald Trump and criticized the proposed GAIN AI Act's chip export restrictions
• Lawmakers have now dropped the chip export proposal from the annual defense bill
• Huang also warned that state-level AI laws would harm U.S. innovation and national security

Nvidia CEO Jensen Huang isn’t known for wading into the political fray, but this week, he made an exception with some quality time in Washington, DC. He met with President Trump to argue against the GAIN AI Act and its proposed rule requiring U.S. chipmakers like Nvidia and AMD to prioritize domestic buyers before selling advanced AI chips abroad.

The act was pitched as a way to keep America ahead of China in the AI race, but it was not long after he met with the president that lawmakers removed it from the National Defense Authorization Act. Huang ...