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flag Lawmakers introduce the Chip Security Act to track high-end AI chips and prevent smuggling.

flag US lawmakers have introduced the Chip Security Act, which aims to prevent the smuggling of high-end AI chips to unauthorized locations by requiring location-tracking safeguards. flag The bipartisan bill mandates that advanced chips include location verification mechanisms to report any diversion or misuse. flag This move follows the US Department of Commerce's decision to rescind the previous AI export control rule, aiming to simplify regulations and support American innovation while strengthening export controls on key technologies.

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