U.S. rolls out new chip-related export controls as China makes industry advances

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

News News

Canada Canada Latest News,Canada Canada Headlines

The restrictions cover critical technologies, including quantum computing and semiconductor goods, and is aimed at China and other competitors.

The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry.

As the U.S. continues to step up its efforts to limit China's growth, the global industry has shown a degree of reluctance. These restrictions cover worldwide exports, but adds exemptions for countries that add similar controls, such as Japan and the Netherlands have done in the past. The department's Bureau of Industry and Security expects more countries will move to impose similar measures.

Though China is not explicitly named in the documents, the controls are in line with a series of moves the Biden administration has taken to limit Beijing's developments in areas such as AI and computing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in CA

Canada Canada Latest News, Canada Canada Headlines