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why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. Speaking to reporters on Sunday, US Secretary of Commerce Gina Raimondo said the new rules were “designed to safeguard the most advanced AI technology and ensure that it stays out of the hands of our foreign adversaries, but also enabling the broad diffusion and sharing of the benefits with partner countries.”

why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. The global export framework, announced Monday, creates three tiers of countries for exports of advanced AI chips and technology. There are no new restrictions for partners and allies like Australia, Japan, South Korea and Taiwan.

why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. A second tier of countries including China and Russia, which are already blocked from buying advanced chips, will be newly subject to restrictions on the sale of the most powerful “closed” AI models, which refer to models whose underlying architectures are not released to the public.

why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. The biggest changes will be faced by the third group, which comprises most of the world, which will soon have new caps on the amount of computing power that can be bought, although they will be able to apply for additional quotas subject to certain security requirements. Analysts have said this change is intended to prevent China from accessing AI chips through third countries, particularly in the Middle East.

why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. The restrictions are being announced against a global backdrop of soaring demand for AI chips made by the likes of Nvidia, AMD and Intel. With days to go before Biden leaves office, the rules now enter a 120-day comment period but will take effect before that period is over.

“We hope that the next administration takes full advantage of those 120 days to listen to experts, industry, industry players, partner countries,” Raimondo said. “I fully expect the next administration may make changes as a result of that input.”

why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. Senior Biden administration officials, speaking on background, were asked Sunday about the extent to which they consulted with the incoming Trump administration. Officials would only acknowledge there were “ongoing discussions about a range of issues.”

“We believe we’re in a critical window right now, particularly vis-a-vis China,” one official said. “Every minute counts from our perspective.”

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why is epigral limited (543332) rising ✌️【Trading Tools】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Tech giants Nvidia, the world’s largest provider of processors that power AI, and Oracle as well as an influential semiconductor industry group blasted the newest restrictions, accusing the Biden administration of bureaucratic overreach and saying they would harm US competitiveness.

In a blog post published on Monday, Ned Finkle, Nvidia’s vice president of government affairs, wrote the adoption of AI around the world fuels growth and opportunity for industries at home and abroad.

“That global progress is now in jeopardy. The Biden Administration now seeks to restrict access to mainstream computing applications with its unprecedented and misguided ‘AI Diffusion’ rule which threatens to derail innovation and economic growth worldwide,” he wrote.

“While cloaked in the guise of an ‘anti-China’ measure, these rules would do nothing to enhance US security,” he added.

Oracle Executive Vice President Ken Glueckwrote last weekthe rule “does more to achieve extreme regulatory overreach than protect US interests and those of our partners and allies.”

“It practically enshrines the law of intended consequences and will cost the US critical technology leadership,” he said.

Last week, the Washington-based Semiconductor Industry Association said it was “deeply concerned by the unprecedented scope and complexity of this potential regulation, which was developed without industry input and could significantly undercut US leadership and competitiveness in semiconductor technology and advanced AI systems.”

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