Nvidia Corp. (NASDAQ:NVDA) is leading the weakness in the chip space in premarket trading on Tuesday, with potential ramifications of the U.S.-China standoff triggering the slide. The Biden administration has discussed curbing sales of advanced AI chips from Nvidia Corp.

Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and other American companies on a country-specific basis, people familiar with the matter said, a move that would limit some nations’ artificial intelligence capabilities.

Nvidia stock was falling Tuesday. The chip maker may face more limitations on exports of its advanced artificial intelligence chips. U.S. government officials have discussed capping sales of advanced AI chips from the U.