Nvidia (NASDAQ: NVDA) shares came under pressure recently after the Biden administration imposed tougher guidelines regarding the export of artificial intelligence (AI) chips. Under the new rules, most countries would be capped on the amount of advanced AI chips,

The company is making an explicit appeal to the president-elect to reject tighter controls on the export of artificial-intelligence hardware.

Nvidia (NVDA) on Monday quickly slammed newly released Biden administration rules to regulate chip sales to foreign countries.

Nvidia (NVDA) stock fell Friday along with other chipmakers following news late Wednesday from the Biden administration on chip exports and a December jobs report that pushed out expectations for additional rate cuts from the Federal Reserve.