U.S. to Overhaul Curbs on AI Chip Exports After Industry Backlash
The Trump administration plans to overhaul controversial regulations that would limit how many artificial-intelligence chips individual countries can buy, giving companies such as Nvidia a potential reprieve from tight export controls. The Commerce Department plans to replace the rule, which imposed caps on how many chips could go to countries such as India, Switzerland, Mexico and Israel, a spokeswoman said. The decision is at least a temporary boon for tech titans that have fought the rules and been buffeted by a wave of export restrictions in recent years.