Several technological companies and foreign leaders Urge the Trump administration to reconsider restrictions on American semiconductor exports, Bloomberg News reported, citing sources familiar with the issue.
The demand follows the unveiling of the Biden-Harris administration in January of the rule “Diffusion of artificial intelligence”, which introduced a decisive framework that nations can import high-end ia chips and in what quantities. NVIDIA (Nasdaq: NVDA) has already expressed his opposition to the rule, and Microsoft (Nasdaq: Msft) asked for a regulatory relaxation last month. Vice-president and president of Microsoft, Brad Smith, said that policy would limit access to the essential components of AI on the main world markets.
As the deadline of May 15, several governments and companies are asking for adjustments to politics. But, according to the report, the internal consensus on the modifications remains elusive and no final approach has been agreed.
The rule divides countries into three export categories, the best allies facing any restriction, an average level receiving capped access and nations such as China and Russia faced with almost total prohibitions. Certain data centers in places such as Malaysia and India are looking for compliance through American security standards, although capacity restrictions remain.
Oracle (NYSE: Orcl) and Nvidia are among the companies that put pressure for a complete withdrawal of the rule. Oracle, for example, fears that its planned investment in data center of $ 6.5 billion in Malaysia will empty the ceiling of 7% imposed on level 2 nations.
Other suggestions, such as the entirely deletion of the level system while keeping large license requirements, are being floated but not yet seriously considered.
Companies like Alphabet Google (Nasdaq: Goog), AI Startup Anthropic, and the ITI sales group have also expressed concerns. ITI pressure for a complete repeal of the regulations, although some of its members see the current framework as a base for additional refinement.
Meanwhile, discussions with US officials have included visits by representatives of countries like India, Israel and the United Arab Emirates. In particular, Sheikh Tahnoon Bin Zayed Al Nahyan from Abu Dhabi recently met President Trump to discuss IT resources and investment priorities.
This article appeared for the first time on Gurufocus.