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Trump officials eye changes to Biden’s AI chip export rule, Reuters reports

Trump officials are considering removing a Biden-era rule that divides the world into tiers that help determine how many AI chips a country can obtain, Reuters’ Karen Freifeld reports. Three sources familiar with the matter say that plans are still under discussion and have warned they could change. Officials are considering replacing the tiers with government-to-government agreements, Freifeld writes. Publicly traded companies in the space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN).

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