The U.S. Treasury Department wants to expand investment restrictions covering artificial intelligence, supercomputing and other technologies. The proposal extends the programme beyond China to countries including Cuba, Iran, North Korea and Russia.
The existing programme began with a 2023 executive order covering investment in Chinese semiconductor, quantum computing and AI businesses. Congress passed a law in December 2025 that codified and expanded it to cover more technologies and countries.
For AI companies seeking American capital, the proposed scope makes location, technology and transaction size important checks when planning funding. Many financial investments, including stock purchases, would be excluded, and Treasury will take public comments before issuing a final rule.