The Biden administration is reportedly planning to implement new export limits on AI chips, a move that could have significant implications for companies such as NVIDIA. The restrictions are part of a broader effort to prevent these advanced technologies from falling into the hands of countries like China and Russia, who are seen as potential adversaries.

NVIDIA, one of the world's leading semiconductor companies, is expected to be particularly impacted by the new regulations. The company has been at the forefront of developing cutting-edge AI chips, making it a key player in the global technology industry.

The White House's decision to introduce these export limits comes after months of deliberation and consultation with industry experts. The move has already had an impact on NVIDIA's stock price, which has fallen following the announcement.

While the restrictions may pose challenges for companies like NVIDIA, they are ultimately aimed at safeguarding national security interests. By limiting the export of AI chips, the administration hopes to prevent these technologies from being used for malicious purposes by foreign adversaries.