The U.S. tech scene is buzzing! The Trump administration is considering a bold move by rescinding a Biden-era regulation that limited the export of advanced AI chips. A spokesperson for the Department of Commerce explained that officials weren\"t fans of the current tiered system, calling it \"unenforceable\".
Originally set to take effect on May 15, the rule was designed to control the global distribution of cutting-edge semiconductor technology among trusted partners. Now, the focus is shifting toward a streamlined approach—possibly a global licensing regime based on government-to-government agreements—instead of dividing countries into tiers.
Market watchers noticed that shares of Nvidia, a leader in AI chip design, briefly surged by 3% with the news, before easing slightly during after-hours trading. This potential change is stirring conversation in tech circles, as it could reshape how advanced technology powers everything from entertainment apps to everyday smart devices 🚀.
As debates continue, industry insiders are keeping a close eye on these regulatory shifts, which might soon transform the global tech landscape in big ways.
Reference(s):
Trump administration to replace Biden-era global AI chip export curbs
cgtn.com
