Tag: Joe Biden

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Trade

US withdraws planned rule on AI chip exports

The US Commerce department withdrew a planned rule on artificial intelligence chip exports on Friday, the latest backpedaling by the Trump administration in its efforts to promote secure American...

Trump says Microsoft should fire its global affairs president

Posted on   |  by Ismail Shakil and Kanishka Singh
US President Donald Trump on Friday said Microsoft should fire its global affairs president Lisa Monaco, who served in the administrations of two Democratic presidents. The move appears to be...

US voids Biden’s semiconductor research grant deal

Posted on   |  by David Shepardson
The US Commerce Department said on Monday that one of its agencies will take over operational responsibility to oversee US$7.4 billion in semiconductor research funds, saying that the private...

Nvidia reveals sales hit from US export curbs on China

Posted on   |  by Arsheeya Bajwa and Stephen Nellis
Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh US curbs on China exports took effect, but the same restrictions will slice off US$8 billion...

Trump to rescind and replace Biden-era AI chip export curbs

Posted on   |  by Karen Freifeld and Arsheeya Bajwa
US President Donald Trump’s administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated AI chips, a spokeswoman for the Department of Commerce said...

US chip curbs put Australia in AI inner circle

Posted on   |  by Justin Hendry
Australia is one of a select few countries exempt from sweeping new controls to limit the export of US-developed advanced computing chips and sharing of closed-weight AI models as...

Turnbull hopeful IRA can weather Trump

Posted on   |  by Justin Hendry
Former prime minister Malcolm Turnbull is hopeful the US Inflation Reduction Act will be able to weather a second Trump administration given the powerful momentum now behind the clean...