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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Oscar Gonzalez2025-01-14T17:13:00
In tandem with the Commerce Department’s Bureau of Industry and Security (BIS), the Biden administration issued a new rule on export controls of domestically produced artificial intelligence chips.
BIS issued a regulatory framework for the rule that will implement new restrictions on chips sold to foreign countries and add additional measures to strengthen the Export Control Reform Act of 2018 and Export Administration Regulations, the agency said in a press release Monday.
“To enhance U.S. national security and economic strength, it is essential that we do not offshore this critical technology and that the world’s AI runs on American rails,” the White House said in an accompanying fact sheet.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
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Full price one year membership with auto-renewal.
Membership $599
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