US Treasury proposes rules to block American investments in AI and semiconductors

The proposal would restrict US money flowing into sensitive tech sectors in certain foreign countries, building on an outbound investment program already in force The US Treasury wants to put a tighter leash on where American capital can go. The department has proposed new rules that would block US investments in artificial intelligence and semiconductors for some foreign countries. Washington has spent years controlling which chips leave the country. Now it is paying equal attention to which dollars leave the country to build them elsewhere. The proposal lands on top of an existing framework that is already being enforced. That framework has already produced a penalty, and Congress has already ordered it to grow. The foundation is the Outbound Investment Security Program, or OISP.

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