Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing U.S. leader should not "preempt incoming President Trump" by enacting a last-minute policy.

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.

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

Nvidia Corp. criticized new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.

Nvidia has criticized the Biden administration for upcoming new AI restrictions just a week before President-elect Donald Trump takes office. The U.S. chipmaker said the

Nvidia Corp. accuses the White House of rushing last-minute US chip export rules to damage Trump, criticizing the soon-expected new export restrictions for AI chips. According to a Bloomberg report, Ned Finkel,