According to the latest report, Joe Biden's government may block a loophole by preventing Chinese companies from purchasing American made AI chips through overseas subsidiaries.
Reuters reported on Thursday evening that the United States may tighten restrictions on the export of AI chips and chip manufacturing tools to China later this month. The report suggests that it may include an adjustment to prohibit the sale of these types of products to subsidiaries of Chinese companies located outside of China, a loophole that allowed Chinese companies to evade restrictions.
A year ago, the Biden administration imposed restrictions on advanced process semiconductors and chip manufacturing equipment sold to China for the first time to prevent advanced US technology from providing assistance to the Chinese military. China condemns these regulations as unfair and unreasonable.
In August of this year, US President Biden issued an executive order imposing new restrictions on US investment in advanced technology companies in China, as well as restrictions on private equity and venture capital companies' investments in China.
According to the latest report, Joe Biden's government may block a loophole by preventing Chinese companies from purchasing American made AI chips through overseas subsidiaries.
Reuters reported on Thursday evening that the United States may tighten restrictions on the export of AI chips and chip manufacturing tools to China later this month. The report suggests that it may include an adjustment to prohibit the sale of these types of products to subsidiaries of Chinese companies located outside of China, a loophole that allowed Chinese companies to evade restrictions.
A year ago, the Biden administration imposed restrictions on advanced process semiconductors and chip manufacturing equipment sold to China for the first time to prevent advanced US technology from providing assistance to the Chinese military. China condemns these regulations as unfair and unreasonable.
In August of this year, US President Biden issued an executive order imposing new restrictions on US investment in advanced technology companies in China, as well as restrictions on private equity and venture capital companies' investments in China.