Get the latest tech news
Malaysia will require trade permits for US AI chips
Malaysia is introducing new export restrictions on U.S. AI chips in an attempt to prevent these chips from being smuggled into China.
The Malaysian Ministry of Investment, Trade and Industry announced new restrictions on exporting AI chips of U.S. origin out of its country on Monday. Individuals and companies are now required to notify Malaysian authorities at least 30 days in advance when they are exporting or transshipping U.S. AI chips, effective immediately. “Malaysia stands firm against any attempt to circumvent export controls or engage in illicit trade activities by any individual or company, who will face strict legal action if found violating the STA 2010 or related laws,” the Ministry wrote in a press release.
Or read this on TechCrunch
