US Drafts Sweeping Rules: Washington to Control Global AI Chip Sales, Nvidia Exports Worldwide

• US is drafting regulations to restrict AI chip shipments globally without American approval.
• Proposed rules require US permission for virtually all exports of AI accelerators from companies like Nvidia and AMD.
• Washington aims to become the gatekeeper for the global AI industry, controlling access to crucial technology.
• Approval processes vary based on computing power, with large deployments requiring host government involvement and security promises.
• The new framework replaces Biden's approach, driven by a desire to promote American AI and counter China's ambitions.