Nvidia (NVDA) CEO Jensen Huang said he met with U.S. President Trump on Wednesday and the two discussed chip export restrictions. Previously, U.S. lawmakers were considering a proposal to restrict the export of advanced artificial intelligence chips to some countries. "I've said many times that we support export controls and should ensure that American companies have access to the best, the most, the latest technology," Huang told reporters on Capitol Hill.


Lawmakers had considered including a proposal called the Securing National Artificial Intelligence Access and Innovation Act (GAIN AI Act) as part of a major defense package called the National Defense Authorization Act. The GAIN AI Act would require chipmakers such as Nvidia and Advanced Micro Devices (AMD) to give priority to U.S. companies before selling their AI chips to some countries.

The proposal is not expected to be included in the National Defense Authorization Act, Bloomberg reported, citing a person familiar with the matter.

Huang said it was "sensible" for the proposal to be excluded from the annual defense policy bill. He said: "The Securing National Artificial Intelligence Access and Innovation Act is even more harmful to the United States than the Artificial Intelligence Proliferation Act."

The Nvidia CEO also criticized the idea of ​​creating a patchwork of AI regulations across states. The idea of ​​independent regulation by states has sparked pushback from tech companies and prompted the AI ​​industry to back a super PAC called Leading the Future.

“Regulating artificial intelligence by each state will cause the industry to stagnate and may raise national security concerns, because we need to ensure that the United States advances AI technology as quickly as possible,” Huang said. “(Developing) AI regulations at the federal level is the wisest.”

Trump last month urged lawmakers to include a provision in the National Defense Authorization Act to preempt state AI laws with "a federal standard."

But House Majority Leader Steve Scalise told CNBC reporter Emily Wilkins on Tuesday that the provision would not be included in the bill due to a lack of sufficient support. Scalise added that he and other lawmakers will continue to look for ways to establish national-level AI standards.

Earlier on the same day, podcaster Joe Rogan released a nearly three-hour interview with Huang. The CEO of the world's most valuable company praised Trump in the interview and said he was in regular contact with government officials.

"Every time I call, if I need anything or want to get something off my chest or express some concerns, they're always available," Huang said on the podcast.

Huang also told Rogan that while it is in the national security interest of the United States to develop artificial intelligence before other countries do, the race may not reach a tipping point where one country clearly wins.

"I think this may be a lot more gradual than we think," Huang said. "It won't be a moment. It won't be like one person reaches the end and no one else does... I think it will be that the technology just gets better, better, better, just like the law of all technological development."

Huang is also scheduled to speak later Wednesday at an event hosted by the Center for Strategic and International Studies, a Washington think tank.