October 17, 2023  SEONews

US Tightens Curbs on AI Chip Exports To China, Widening Rift With … – Slashdot

The Biden administration is tightening restrictions on China’s ability to buy advanced semiconductors, fueling friction with U.S. businesses that sell to the vast Chinese market. From a report: The Commerce Department on Tuesday said it would significantly constrict exports of artificial-intelligence chips, making it tougher for U.S. companies Nvidia and Intel to sell existing products in China — or to introduce new chips to circumvent the rules. The move aims to close perceived loopholes in export controls announced a year ago, which themselves had faced strong opposition from the global semiconductor industry and escalated tensions with Beijing.

The goal, Commerce Secretary Gina Raimondo told reporters, is to limit China’s “access to advanced semiconductors that could fuel breakthroughs in artificial intelligence and sophisticated computers.” The chips are critical to Chinese military applications, she said, a nod to concerns that the U.S. could fall behind China in key defense…

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source: https://news.oneseocompany.com/2023/10/17/us-tightens-curbs-on-ai-chip-exports-to-china-widening-rift-with-slashdot_2023101751467.html

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