Regulatory action on chips, AI is coming, Commerce official says

WASHINGTON, July 14 (Reuters) - Action regulating ‌artificial intelligence ‌and semiconductors is coming, ​a U.S. Commerce Department official who oversees ‌export controls ⁠said at a hearing ⁠on Tuesday.

The official, Jeffrey ​Kessler, made ​the ​remarks while ‌noting that the Trump administration does not plan to replace the ‌Biden ​era AI ​diffusion ​rule, ‌which set up a ​global ​regime capping AI chip ​shipments ‌certain countries could ​receive.

(Reporting by ​Alexandra Alper)