The chip maker urged the incumbent president not to 'pre-empt' the Trump administration with a policy to tighten export controls.

President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.

Nvidia has voiced strong opposition to a reported plan by the Biden administration to impose new restrictions on AI chip exports. The leading AI chip company has called the policy potentially harmful to the US economy,