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Biden Administration Blacklists 21 China-Based AI Chipmakers

Started by Epoch-Times-Bot, Dec 15, 2022, 05:51 PM

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Epoch-Times-Bot

Dec 15, 2022, 05:51 PM
Biden Administration Blacklists 21 China-Based AI Chipmakers

The Biden administration is adding 22 Chinese chipmakers to a trade blacklist, severely restricting the companies’ access to U.S. technology.
The Commerce Department added Yangtze Memory Technologies Corp (YMTC) and 21 "major" Chinese entities working in the domain of artificial intelligence chips to the blacklist.
YMTC was added to the list over concerns it could divert U.S. technology to previously blacklisted Chinese tech giants including Huawei and Hikvision. YMTC's suppliers are now banned from shipping U.S. goods to the company without a difficult-to-obtain license.
The administration will take a more aggressive approach to the other 21 entities, including Cambricon Technologies and state-owned China Electronics Technology Group (CETC), effectively blocking them from accessing technology made anywhere in the world with U.S. equipment....

Source: Biden Administration Blacklists 21 China-Based AI Chipmakers

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