Nvidia's Export Restrictions Threaten US Chip Dominance: White House Warns

White House AI czar David Sacks warned that restricting US chipmakers like Nvidia from selling abroad could give Huawei and China an advantage in the global AI race. Sacks urged Washington to update export control policies, citing Huawei's new AI chip and Beijing's order to stop buying certain Nvidia processors. He cautioned that excessive bureaucratic delays will benefit Huawei, which will fill out purchase orders while American companies fill out forms.