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US moves to close potential AI chip sales loophole
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US moves to close potential AI chip sales loophole

The Hill · Jun 1, 2026, 3:57 PM · Also reported by 1 other source

Why this matters: political developments that affect policy direction and public trust.

The Trump administration is moving to close a potential loophole in U.S. export restrictions, clarifying that a license is needed to sell advanced AI chips to firms with Chinese parent companies even if they are not located in China or another restricted country. The Commerce Department on Sunday is

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