US Commerce Department prepares rules to block remote access to advanced chips for Chinese AI firms
BABA Alibaba Group Holding Ltd ADR
$101.52 -1.17%
View chart & analysis → 
- 1The Commerce Department is preparing to finalize rules to prevent Chinese AI firms from remotely accessing advanced AI chips through data centers in other countries.
- 2The regulation is expected to be expanded to include seven countries, including Malaysia, Singapore, and Thailand.
- 3President Donald Trump has pushed for stricter export controls to prevent illegal chip smuggling to China.
So what's the key point?
The US government is trying to stop Chinese AI companies from using advanced chips through other countries. If these regulations expand to seven countries, it will become more difficult for China to use this technology.
Source Investing.com +2 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.