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bullish pattern emerging on hemisphere properties india limited (543242) ✌️【Accurate Stock Selection】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The fresh curbs, the culmination of years of attempts to block China from gaining ground in its military and industrial leadership efforts, are expected to further inflame tensions between Washington and Beijing ahead of the inauguration of President-elect Donald Trump next week. They’ve also triggered intense criticism from US tech giants like Nvidia and Oracle.

bullish pattern emerging on hemisphere properties india limited (543242) ✌️【Accurate Stock Selection】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. Speaking to reporters on Sunday, US Secretary of Commerce Gina Raimondo said the new rules were “designed to safeguard the most advanced AI technology and ensure that it stays out of the hands of our foreign adversaries, but also enabling the broad diffusion and sharing of the benefits with partner countries.”

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“We hope that the next administration takes full advantage of those 120 days to listen to experts, industry, industry players, partner countries,” Raimondo said. “I fully expect the next administration may make changes as a result of that input.”

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“We believe we’re in a critical window right now, particularly vis-a-vis China,” one official said. “Every minute counts from our perspective.”

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In a blog post published on Monday, Ned Finkle, Nvidia’s vice president of government affairs, wrote the adoption of AI around the world fuels growth and opportunity for industries at home and abroad.

“That global progress is now in jeopardy. The Biden Administration now seeks to restrict access to mainstream computing applications with its unprecedented and misguided ‘AI Diffusion’ rule which threatens to derail innovation and economic growth worldwide,” he wrote.

“While cloaked in the guise of an ‘anti-China’ measure, these rules would do nothing to enhance US security,” he added.

Oracle Executive Vice President Ken Glueckwrote last weekthe rule “does more to achieve extreme regulatory overreach than protect US interests and those of our partners and allies.”

“It practically enshrines the law of intended consequences and will cost the US critical technology leadership,” he said.

Last week, the Washington-based Semiconductor Industry Association said it was “deeply concerned by the unprecedented scope and complexity of this potential regulation, which was developed without industry input and could significantly undercut US leadership and competitiveness in semiconductor technology and advanced AI systems.”

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