Trump administration rescinds curbs on AI chip exports to foreign markets

NEW YORK AP After a week of promises to alter the agenda the U S Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval Related Articles What to expect at RFK Jr s first Senate hearing as fitness secretary House works into the night as Republicans push ahead on Trump s big bill Trump tells Gulf leaders Iran must cease encouragement of proxy groups as part of any nuclear deal Trump meets with Syria s insurgent-turned-leader in Saudi Arabia Other voices DOGE s damage makes way for serious governing body improvement These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements the Commerce Department stated in its guidance The Biden administration had established the export framework in an attempt to balance national safety concerns about the mechanism with the economic interests of producers and other countries While the United States had already restricted exports to adversaries such as China and Russia certain of those controls had loopholes and the rule would have set limits on a much broader group of countries Commerce Undersecretary Jeffery Kessler explained Tuesday that the Trump administration work to replace the now-rescinded rule The Trump Administration will pursue a bold inclusive strategy to American AI device with trusted foreign countries around the world while keeping the device out of the hands of our adversaries