Nvidia is cozying up to the incoming Trump administration after criticizing a new AI framework just announced by the Biden administration. The rules are meant to keep advanced chips and AI models under the control of the United States and its allies, but the President-elect will have the final decision on whether to enforce them.

The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."

New rule threatens to squander America's hard-won technological advantage' says GPU supremo Nvidia has hit back at the outgoing Biden administration's AI chip tech export restrictions designed to tighten America's stranglehold on supply chains and maintain market dominance.