The latest selloff in Nvidia and other chips stocks could prove short-lived, with the incoming Trump administration likely to take a more relaxed approach to AI controls.

The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries.

The US unveils stricter AI chip export rules, limiting access for rivals like China while prioritizing allies.

The Biden administration has unveiled a new framework for exporting advanced computer chips used in artificial intelligence development. Under the new rules, approximately 20 key allies

The Biden administration is set to announce a new rule to regulate the export of advanced AI chips, aiming to restrict access for nations like China while trading with 18 key allies and partners.

The Biden administration’s Commerce Department this morning is rolling out what could be its final major action to keep the world's most advanced AI technology out of the hands of foreign adversaries like China.

Intentionally or not, outgoing President Joe Biden just handed incoming President Donald Trump and his Big Tech allies a powerful weapon in the fight against European tech regulation. Just a week before the transition,

President-elect Donald Trump is likely to maintain new US limits on global sales of AI chips by Nvidia Corp. and others, a top Biden administration official said, citing bipartisan national security concerns surrounding China’s pursuit of advanced technology.