US Restricts AI Chip Exports: Allies Unfazed, Nvidia Alarmed

The Biden administration introduced new AI chip export rules in late 2024, categorizing nations into three tiers: allies like Japan and South Korea face no limits, adversaries such as China and Russia are banned, and most others are capped at 50,000 chips each. Tech giant Nvidia decries the measures as 'unprecedented and misguided,' warning of potential slowdowns in global innovation and economic growth. With a new U.S. administration now in office, these regulations may see changes soon.