The regulation, known as the AI Diffusion Rule, was designed to limit the export of advanced US-made artificial intelligence chips to China amid concerns that Beijing could use the technology to strengthen its AI capabilities. (REUTERS/Evan Vucci/File Photo)
\n\nUS President Donald Trump purchased millions of dollars worth of Nvidia shares before his administration took decisions that eased restrictions on the company's exports to China, an analysis of his financial disclosures has found.
\n\nAccording to an analysis by anti-corruption group DeKleptocracy, Trump's disclosures show that he bought between $1 million and $5 million worth of Nvidia stock in the days before his administration scrapped a Biden-era export restriction in May 2025.
\n\nThe regulation, known as the AI Diffusion Rule, was designed to limit the export of advanced US-made artificial intelligence chips to China amid concerns that Beijing could use the technology to strengthen its AI capabilities.
\n\nIts removal opened the door for Nvidia to expand sales in China, a market that accounted for approximately a quarter of the company's revenue between 2010 and 2022, according to the report. Nvidia shares subsequently rose in value after Trump announced the reversal.
\n\nThe disclosures also showed that Trump purchased shares in other major technology…
Original source: https://www.timesnownews.com/latest-news
