01:50 PM EST, 01/29/2025 (MT Newswires) -- (Update with Nvidia's ( NVDA ) response in the second paragraph.)

Officials in the Trump administration are considering additional curbs on the sale of Nvidia ( NVDA ) chips to China, Bloomberg reported Wednesday, citing people familiar with the matter.

"Nvidia ( NVDA ) is ready to work with the administration as it pursues its own approach to AI," a Nvidia ( NVDA ) spokesperson told MT Newswires via email. "The thresholds set by the Biden Administration are based on performance levels reached five years ago and achieved by leading gaming and workstation products."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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