Control in AI chip sale could harm U.S. AI leadership: tech group

A technology industry group has urged the Biden administration to delay a proposed rule controlling global AI chip access, warning it could harm U.S. AI leadership, Reuters news report said.

Generative AI chips NVIDIA
Generative AI chips NVIDIA

The Information Technology Industry Council, representing major tech firms, argued the rule would impose arbitrary constraints on U.S. companies and risk losing the global market to competitors.

The proposed restrictions aim to limit AI’s role in advancing China’s military capabilities. Critics, including ITI and the Semiconductor Industry Association, emphasized the potential negative impact on the U.S. economy and called for a more deliberate rulemaking process.

Oracle’s executive criticized the rule as overly broad, potentially damaging the commercial cloud industry.

The Information Technology Industry Council represents companies like Amazon, Microsoft and Meta.

Latest

More like this
Related

Qualcomm buys EdgeImpulse in IoT push

Qualcomm Technologies has signed its agreement to acquire EdgeImpulse...

TSMC reveals $100 bn investment in US to build five chip facilities

TSMC announced a $100 billion investment in the U.S....

Intel reveals delay in $28 bn chip fabrication plants in Ohio

Intel has revealed that there will be delay in...

Onsemi to cut jobs of 2,400 employees for $115 mn in annual savings

Onsemi has announced a restructuring plan to cut operational...