Informed sources: Trump administration plans to lift Biden-era AI chip restrictions

The Trump administration plans to lift Biden-era restrictions on artificial intelligence chips as part of a broader effort to revise semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments, according to people familiar with the matter. The policy divides the country into three broad categories to regulate chip exports from companies such as NVIDIA Inc. The Trump administration will not enforce the so-called artificial intelligence proliferation rule when it takes effect on May 15, though the repeal has not been finalized, the people said. A Commerce Department spokesperson said: "Biden's artificial intelligence rules are too complex, bureaucratic and will hinder innovation in the United States. We will replace it with a much simpler rule that will unleash American innovation and ensure American dominance in artificial intelligence. "The Commerce Department will continue to strictly enforce chip export restrictions while the new rules are being developed, people familiar with the matter said.