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Nvidia says Anthropic telling, ‘tall tales’ about China chip smuggling

DeFi Daily News by DeFi Daily News
May 1, 2025
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Two major players in the artificial intelligence (AI) space are at odds about US chip export controls. Anthropic, an AI company backed by Amazon (AMZN), supports the “Diffusion Rule,” a Biden-era chip trade control framework that limits exports based on national security risk. Anthropic says, “Maintaining America’s compute advantage through export controls is essential for national security and economic prosperity.”
Nvidia (NVDA) has reportedly said Anthropic is telling “tall tales,” suggesting that the chip export controls would limit competition in the AI space, according to reporting from CNBC. Yahoo Finance Tech Editor Dan Howley breaks down the latest.
To watch more expert insights and analysis on the latest market action, check out more Wealth here: https://finance.yahoo.com/videos/series/wealth/
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Tags: AnthropicBondsbusinessChinaChipchipsCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneyNewsNvidiaNYSEPersonal FinancePoliticsSavingssemiconductor chipssmugglingStock marketstocksTalesTallTellingYahoo FinanceYahoo FInance Premium
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