Nvidia and AMD chips could be subject to U.S. approvals for foreign sales

Nvidia and AMD chips could be subject to U.S. approvals for foreign sales

The Trump administration is reportedly weighing rules that would require foreign buyers to obtain licenses from the U.S. government to buy American AI chips.Why it matters: The AI chips sector has been flourishing as tech companies ramp up their spending on data centers and new AI models, underpinning the broader market.The big picture: The draft regulations would give "Washington broad control over whether other countries can build facilities for training and running artificial-intelligence mod...

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