Two members of U.S. Congress are calling on President Donald Trump's administration to consider restricting the export of artificial intelligence chips made by Nvidia , alleging Chinese AI firm DeepSeek has relied on them.

Nvidia said in a statement it is "ready to work with the administration as it pursues its own approach to AI."

Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.

The fallout: Several tech stocks slid yesterday, with AI chip maker Nvidia losing $589 billion in market capitalization. Trump said DeepSeek should be “ a wake-up call ” to tech leaders. Holocaust survivors marked the 80th anniversary of the liberation of Auschwitz.

Planning for the White House meeting started weeks ago and will be the first time the two men have met. The topic of discussion will be AI policy, Barron’s has learned.

U.S. President Donald Trump will meet with Nvidia chief executive Jensen Huang at the White House on Friday, a White House official said, following reports the Trump administration is studying new ways to restrict AI chip sales to China.

The meeting comes after reports that the Trump administration is studying new ways to restrict AI chip sales to China

President Donald Trump is scheduled to meet with Nvidia CEO Jensen Huang at the White House on Friday, when they will discuss AI, chips as well as the industry's energy needs.

President Donald Trump was slated to meet Friday with Nvidia Corp. Chief Executive Jensen Huang at the White House, with their get-together coming as the chip giant has faced questions due to the big splash made by Chinese artificial-intelligence startup DeepSeek.

Nvidia CEO Jensen Huang says he uses AI chatbots like OpenAI’s ChatGPT or Google’s Gemini to write his first drafts for him.

President Trump will meet with the CEO of chipmaking powerhouse Nvidia on Friday as the White House reportedly mulls tightening chip exports to China, a White House official confirmed to The Hill.