US Scraps AI Diffusion Rule in Boon to Chips Stocks

The Trump Administration has cancelled President Biden's proposed AI Diffusion rule that would have limited exports of advanced semiconductors across the world. The announcement coincides with headlines about datacenters in the Middle East. This has AI and chip stocks rallying this morning. Support the Channel on Patreon: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.patreon.com/NobodySpecialFinance⁠⁠⁠⁠⁠⁠⁠⁠⁠Support the Channel by Buying Me a Coffee ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/nobodyspecial⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to Nobody Special on YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@NobodySpecialFinance⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Nobody Special on X(twitter): ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/JG_Nuke⁠