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  1. IndustryReach 50

    Trump scraps Biden's AI chip diffusion rules

    The U.S. Department of Commerce just officially rescinded Biden's AI Diffusion Rule days before its May 15 enforcement date. The scrapped policy would have grouped countries into three tiers to restrict U.S. AI chip exports. Instead of blanket controls, the administration plans to negotiate directly with foreign allies, while warning that using Huawei Ascend chips anywhere still violates U.S. export law.