Latest Headlines | Biden's China Chip Ban: What it Means for the Tech Industry | #shorts #news

Latest Headlines | Biden's China Chip Ban: What it Means for the Tech Industry | #shorts #news

The Biden administration plans to widen curbs on shipment of US-made semiconductors to China used for artificial intelligence and chipmaking tools, sources told Reuters. The Commerce Department is looking to publish new rules communicated to three US firms in letters written earlier this year. The letters barred the firms from exporting chipmaking equipment to Chinese factories without licences.

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#Biden #China #semiconductors #AI #chipmaking #CommerceDepartment #USfirms #foxnews #topnewstoday

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