US tightens AI chip exports to protect security and leadership, draws industry criticism

The Biden administration announced new export rules Monday for advanced computer chips used in artificial intelligence, aiming to balance national security and economic interests.
The framework restricts chip access for around 120 countries, including Mexico, Portugal, Israel, and Switzerland, concerning some industry executives.
Commerce secretary Gina Raimondo emphasised the need to maintain America’s AI leadership. “As AI becomes more powerful, the risks to our national security become…