The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

Exactly what does this new directive really do when it comes to AI chips? I mean, this is another way of kind of slicing the cake and creating more restrictions. What has happened up until now has been,

The Biden administration reportedly will impose even-tighter curbs on Nvidia and AMD AI chip exports. Nvidia stock fell slightly.

Biden plans new AI chip export restrictions to prevent technology access for China and Russia, aiming for global compliance.

The Biden administration is now preparing new restrictions to bar the export of AI chips, such as those made by Nvidia Corp. The move, which came just days before President Joe Biden leaves office, is another piece of a larger strategy to control who gets to develop and use cutting-edge AI.

The Biden administration is preparing a final round of export restrictions on advanced artificial intelligence (AI) chips, marking a last-minute effort to limit China and Russia’s access to cutting-edge technologies,