US Commerce Department Withdraws Draft AI Chip Export Rule — Global Permit Requirement Scrapped

Bloomberg·high signal

The Trump administration's Commerce Department quietly withdrew a Biden-era replacement draft rule on March 14 that would have required global permits for all AI chip exports. The withdrawal leaves U.S. AI chip export policy in a vacuum with no successor rule in place, as internal administration disagreements between national security and competitiveness factions remain unresolved. Nvidia and AMD shares rose on the news; the move may signal a more permissive export regime favorable to chip makers.