Nvidia stock fell Monday after the Biden administration released new rules aimed at controlling the flow of artificial intelligence to China.

Once reticent to get involved in policy debates, Nvidia issued a sharply-worded blog post criticizing Biden's sweeping new export restrictions on AI chips and other AI technology

"Interim Final Rule" aims to limit US AI chip exports. Nvidia strongly opposes; others less critical. The Biden administration wants to pass a final rule at the end of its term of office that will further restrict access to AI hardware and AI models for some countries – above all China and Russia.

Just a week to Trump’s inauguration the Biden administration is still making policies. The outgoing administration updated the export rule, which is designed to regulate the flow of AI to “adversaries” like China.

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.