Nvidia dives as Bloomberg cites global AI-chip export-license push

Nvidia shares fell about 1.7% after Bloomberg reported that the Trump administration is drafting worldwide AI-chip export rules that would require licenses for AI accelerators, extending licensing to Nvidia and AMD GPUs with exemptions for small shipments, pre-clearance for larger deployments, and host-country involvement for very large orders. The proposed framework would make the US Commerce Department the gatekeeper rather than an outright ban and could influence AI players like OpenAI and Alphabet.