US implements new export restrictions on AI chips to limit access for rivals

The United States has announced new export restrictions on artificial intelligence chips, aiming to limit access for China and other rivals. The rules require authorizations for exports and impose caps on imports for non-friendly countries. Beijing criticized the policy as a violation of international trade rules, while the European Union expressed concern over the US approach. The semiconductor industry in the US also voiced disappointment, warning that the restrictions could harm competitiveness. The new rules will take effect in 120 days, allowing the incoming administration to consider changes. Critics argue that the measures may hinder US firms' ability to compete globally and could push some countries toward China for technology access.