Malaysia is introducing new export restrictions on U.S. AI chips in an attempt to prevent these chips from being smuggled into China.

KUALA LUMPUR (Reuters) -Malaysia's trade ministry said on Monday that the export, transshipment and transit of high-performance artificial intelligence chips of U.S. origin will be subject to a trade permit, effective immediately.

Malaysia clamped down on Monday (Jul 14) on the export, transhipment and transit of all US-made artificial intelligence chips, seeking to stop illegal trade, including to countries such as China. "Effective immediately,