From The Hill, December 2:
The Biden administration issued new restrictions Monday on exports of certain semiconductor chips and equipment to China, marking the Biden administration’s latest crackdown to curb the country’s competitive advancements in chipmaking.
The new export controls place more than 100 Chinese chipmaking tool manufacturers on a restricted trade list, prohibiting U.S. companies from sending them equipment without specific permission, the Commerce Department’s Bureau of Industry and Security said Monday.
Leading chip equipment company Naura Technology Group is among the dozens of Chinese companies facing new restrictions.
The move also blocks the sales of certain chips, called “high-bandwidth memory,” which are critical to artificial intelligence training, and some software tools, the federal agency added.
Commerce Secretary Gina Raimondo said the new restrictions seek to “impair” China’s “ability to indigenize the production of advanced technologies that pose a risk to our national security.”
“As technology evolves, and our adversaries seek new ways to evade restrictions, we will continue to work with our allies and partners to proactively and aggressively safeguard our world-leading technologies and know-how so they aren’t used to undermine our national security,” White House national security adviser Jake Sullivan added....
....MUCH MORE
