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<h1>AI Chip Export Restrictions Lifted: Commerce Dept Rolls Back Biden-Era Regulations to Boost Tech Innovation and Global Competitiveness</h1> The US Department of Commerce rescinded a Biden-era regulation limiting artificial intelligence chip exports to international markets. The decision removes restrictions on chip exports, with officials arguing the previous rule would have hindered American innovation and imposed excessive regulatory burdens. The administration aims to balance national security concerns while facilitating technology sharing with trusted international partners.