Nvidia is strongly opposing the Guaranteeing Access and Innovation for National Artificial Intelligence Act (GAIN AI Act), a proposed legislation that aims to prioritize domestic chip orders and restrict exports of advanced AI chips. The company argues that the bill would restrict global competition and limit the growth of the AI market, which is projected to reach $3-4 trillion by 2030.
According to Nvidia, the GAIN AI Act would harm the US economy and stifle innovation, rather than addressing real security concerns. The company claims that the bill would mirror the effects of the AI Diffusion Rule, which Nvidia asserts was a self-defeating policy.
Nvidia's spokesperson stated that the company never deprives American customers in order to serve the rest of the world. Instead, Nvidia believes that the proposed bill would restrict competition worldwide in any industry that uses mainstream computing chips, trying to solve a problem that does not exist.
The GAIN AI Act has sparked debate among industry stakeholders, with some supporting the bill to protect American market interests and others opposing it due to potential restrictions on innovation and competition. The outcome of this legislation could significantly impact the future of AI development and the chip industry.
