A technology industry association representing major companies such as Amazon, Microsoft, and Meta has urged President Joe Biden's administration to avoid implementing a last-minute regulation that would restrict global access to AI chips. They caution that such limitations could undermine the United States' position as a leader in artificial intelligence. As reported by Reuters on Tuesday, neither the White House nor the Department of Commerce has provided a response.

The anticipated regulation, which may be announced as early as Friday, is expected to impose arbitrary limitations on the ability of US companies to market computing systems internationally, potentially handing over the global market to foreign competitors.

Jason Oxman, CEO of the Information Technology Industry Council (ITIC), expressed concern over the administration's "insistence" on finalizing the rule during the closing days of Biden's presidency in a letter addressed to US Commerce Secretary Gina Raimondo, as noted in the Reuters report.

"Accelerating the completion of a significant and intricate rule could lead to serious negative repercussions," Oxman stated in a letter dated January 7, a copy of which was acquired by Reuters.

At the time of reporting, there had been no comments from either the US Commerce Department or the White House regarding the matter.

According to Reuters, the industry's opposition to the proposed regulation has become increasingly direct and public.