The U.S. Department of Commerce has rescinded a Biden-era rule that would have imposed restrictions on AI chip exports to certain international markets. The decision follows complaints from the tech industry and allied nations, which argued the rule could harm American innovation and push countries toward Chinese suppliers. The original rule aimed to balance national security concerns with economic interests but faced opposition from U.S. chipmakers like Nvidia and Advanced Micro Devices, as well as European allies. The Trump administration plans to replace the rule with a new framework to promote AI cooperation with trusted foreign countries while keeping the technology from adversaries. The European Commission welcomed the change, emphasizing the importance of maintaining strong diplomatic and economic ties with the U.S.
— new from AP News
