Reported 1 day ago
The US has announced stricter regulations limiting China's access to crucial components for AI and semiconductor manufacturing, including high-bandwidth memory chips and chipmaking equipment. This move aims to curb China's technological advancements that could enhance its military capabilities and follows extensive negotiations with allied nations like Japan and the Netherlands. The sanctions particularly target 140 Chinese companies linked to Beijing's chip development efforts while excluding some firms to maintain relationships with key allies. The Biden administration's goal is to slow China's progress in advanced technologies perceived as a national security threat, to which China has reacted strongly, accusing the US of economic coercion.
Source: YAHOO