New Cold War: US Targets China's Chip Industry In Fresh Roun

New Cold War: US Targets China's Chip Industry In Fresh Round Of Export Restrictions

As world powers gradually drift towards a new cold war, the US Department has published a new package of export restrictions targeting China’s semiconductor industry by further curbing the country’s access to US chip technology. The new restriction document, published on the Department of Commerce’s website on Friday, includes a ban on exporting to China chips made with US technology and intended for use in artificial intelligence and supercomputers without an export license.

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