U.S. rolls out new chip-related export controls as China makes industry advances
Publishing timestamp: 2024-09-06 01:54:32
Summary
The Biden administration is implementing new export controls on critical technologies, including quantum computing and semiconductor goods, in response to China's advancements in the global chips industry. The controls cover a range of technologies and components, with exemptions for countries that implement similar controls. The U.S. is also working to strengthen relationships with allies to enhance the effectiveness of export controls aimed at degrading Russia's military capabilities. China, on the other hand, is ramping up investments in critical technologies to strengthen its chip-making industry. The global industry has shown some reluctance in response to the increased restrictions and tech sanctions from Washington.
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Keywords: taiwan semiconductor manufacturing co ltd, breaking news: technology, politics, business news, breaking news: politics, asml holding nv, technology,
Source: https://www.cnbc.com/2024/09/06/us-china-quantum-chip-related-export-controls.html