AXIOS (Nathan Bomey) - Nvidia and AMD chips could be subject to U.S. approvals for foreign sales
The Trump administration is reportedly weighing rules that would require foreign buyers to obtain licenses from the U.S. government to buy American AI chips . Why it matters: The AI chips sector has been flourishing as tech companies ramp up their spending on data centers and new AI models, underpinning the broader market. The big picture: The draft regulations would give "Washington broad control over whether other countries can build facilities for training and running artificial-intelligence models — and under what conditions," Bloomberg reported Thursday. - Such a requirement would add a layer of bureaucracy to foreign sales of chips from the likes of Nvidia and AMD that could slow sales or serve as the regulatory structure to…