The Trump administration plans to eliminate the Biden-era "AI diffusion rule," which imposed restrictions on the export of American technology. This move is seen as beneficial for chipmakers like Nvidia, who argued that the rule would complicate international sales. Following the announcement, Nvidia's stock experienced a notable increase.
Former President Joe Biden issued a stark warning about the current political climate in America, describing it as "dark days" and urging citizens to stand against Donald Trump. Speaking in Boston after receiving a Lifetime Achievement Award, Biden emphasized the importance of maintaining hope and the integrity of democratic institutions amidst ongoing challenges, including a government shutdown and Trump's demands for increased authority.