Trump moves to retain export limits on GPUs, with US AI dominance as the goal

“Close allies are likely getting first dibs on chips, but the line’s long, and prices aren’t dropping,” she says. “Everybody else is getting a limited menu, and some are eyeing the Chinese food truck across the street, even if the quality’s uncertain.”

New president, same rules

However, the Trump administration appears to be embracing export controls. While a rewrite of the Biden rules may still be coming, the result is likely to be similar to the Biden rules, says Robert Knake, former White House cybersecurity director.

But Knake doesn’t see the Biden rules as particularly onerous. “A lot of Silicon Valley’s concerns with Biden-era regulations on AI were overstated in terms of the harm they were causing,” he says. “The AI regulations that were put in place were an incredibly light touch, and I don’t think they were harming our ability to compete with China or anybody else while developing AI.”