Insider: Trump administration plans to lift AI chip restrictions from Biden era.

According to informed sources, the Trump administration plans to lift the artificial intelligence chip restrictions imposed during the Biden era as part of a broader effort to revise semiconductor trade restrictions. These restrictions have met strong opposition from major tech companies and foreign governments. The policy will divide the country into three categories to regulate chip exports from companies like Nvidia. Informants say that the Trump administration will not enforce the so-called artificial intelligence diffusion rule when it takes effect on May 15, although the decision to repeal it has not been finalized. A spokesperson for the U.S. Department of Commerce stated, "Biden's artificial intelligence rule is too complex and bureaucratic, and will hinder American innovation. We will replace it with a much simpler rule that will unleash America's innovation capabilities and ensure America's leadership in the field of artificial intelligence." Informants say that during the development of the new rule, the Department of Commerce will continue to strictly enforce chip export restrictions.