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International Business Times
International Business Times
Business

US Reverses Biden-era Export Controls On Advanced AI Chips

Nvidia CEO Jensen Huang had made his case against the AI chip rule with US President Donald Trump (Credit: AFP)

The United States rescinded further export controls Tuesday on advanced computing semiconductors, answering calls by countries that said they were being shut out from crucial technology needed to develop artificial intelligence.

The so-called "AI diffusion rule," set to take effect on May 15, was part of a series of actions taken by then-President Joe Biden just before leaving office in January that sought to make it harder for Beijing to access advanced technology.

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