After a week of promises to alter the policy, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect on May 15 that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval.

The Commerce Department on Monday officially rescinded the former Biden administration’s artificial intelligence diffusion rule that would have placed caps on chip sales to most countries

After a week or so of rumors, the U.S. Department of Commerce formally rescinded Biden-era AI export controls that were set to go into effect on May 15.