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 White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.

Nvidia has voiced strong opposition to the Biden administration's proposed AI chip export restrictions, calling them a "sweeping overreach" that would impose "bureaucratic control" over the global design and marketing of US semiconductors,