In tandem with the Commerce Department’s Bureau of Industry and Security (BIS), the Biden administration issued a new rule on export controls of domestically produced artificial intelligence chips.

BIS issued a regulatory framework for the rule that will implement new restrictions on chips sold to foreign countries and add additional measures to strengthen the Export Control Reform Act of 2018 and Export Administration Regulations, the agency said in a press release Monday.

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Oscar Gonzalez is Managing Editor, Editorial Projects and Analytics, for Compliance Week. He previously covered tech, misinformation, business, and the stock market for Gizmodo, CNET, TheStreet, CBS, and...