The Biden administration has announced new export restrictions targeting advanced computer chips and AI technology, aimed at preventing misuse by malicious actors. The rules exempt eighteen allies and cap exports to most nations, requiring authorization for high-tech sales. Nvidia criticized the plan, claiming it undermines U.S. innovation and global competitiveness. The restrictions exclude exports under specific computing thresholds. Critics warn the policy could alienate partners and strengthen China's AI position. The incoming Trump administration may revise the rules, favoring innovation over regulation.
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