The AI Action Plan, released by the White House on Wednesday, recommends revamping the permitting process and streamlining environmental standards to speed AI-related infrastructure projects.

The president said he would roll back oversight and safeguards on developing artificial intelligence, so the US could win the critical tech race with China.

Here's everything we know about President Trump's AI Action Plan, a roadmap for the administration's approach to AI.

Recent developments in the AI chip industry have underscored the strategic importance of precision manufacturing in supporting critical supply chains. PMGC Holdings Inc. recently completed the acquisition of AGA Precision Systems LLC,

The White House intends to publish a plan on Wednesday that calls for the export of American AI technology abroad and a crackdown on state laws deemed too restrictive to let it flourish, a document seen by Reuters shows.

“Despite Beijing pouring significant subsidies into its domestic semiconductor industry, China cannot produce chips capable of training leading AI models, leaving Chinese firms reliant on American suppliers,” wrote Jack Burnham and Miles Kershner of the Foundation for Defense of Democracies after the H20 announcement.

Nvidia is now the first company to surge past $4 trillion in market capitalization, rebounding from its DeepSeek-induced slump earlier this year. Other AI chipmakers, including AMD and China’s Huawei, are reporting strong financial results. Nearly every major chipmaker is now centering its strategy on AI. But what if AI doesn’t work out?

Yhe win comes months after the South Korean start-up rejected an US$800 million acquisition offer from Meta. Read more at straitstimes.com. Read more at straitstimes.com.

LG Electronics Inc. shares advanced in Seoul after a local media report that the company is developing cutting-edge tools for making the memory chips that work alongside AI processors designed by Nvidia Corp.

The blueprint seeks to make American technology the foundation for AI worldwide while enacting security measures to keep adversaries like China from gaining an edge.