Seventeen EU nations face export restrictions ; the bloc hopes to persuade the incoming Trump administration to change the rules.

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

A major semiconductor index was down on Monday after the stock of industry giants slipped following the announcement earlier in the day that the

The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."

Outgoing US President Joe Biden has unveiled new export restrictions on artificial intelligence technology, including on chips and AI models used for software. A group of 120 partner countries would be exempt from the restrictions,

The Biden administration is proposing new restrictions on exporting advanced computer chips used to power artificial intelligence systems.

The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access the advanced technology in Joe Biden's final days as president.