The United States tightens restrictions on exporting AI chips and tools to China The Commerce Department, responsible for export controls, has announced its intention to regularly update restrictions on technology exports to China. The Biden administration recently revised regulations to make it more challenging for China to acquire US artificial intelligence (AI) chips and chipmaking tools. These changes are part of a broader strategy to limit Beijing’s access to advanced technology, particularly in the chip manufacturing sector, due to national security concerns.
The updated rules, initially introduced in October, target the shipment of sophisticated AI chips manufactured by companies like Nvidia to China. This move comes amidst growing tensions between Washington and Beijing, with the US increasingly wary of China’s technological advancements potentially aiding its military capabilities.
The new regulations, spanning 166 pages, will take effect on Thursday. Notably, they specify that restrictions on chip exports to China also extend to laptops containing such chips.
The Commerce Department has affirmed its commitment to continually refining these measures to strengthen restrictions on technology exports to China.
Stay ahead in the Indian stock market by tracking Gift Nifty and global markets live. Stay updated with the latest NSE stock results and stock events to plan your investment and trading strategies for tomorrow
