“The Wall Street Journal: White House prepping new export restrictions for semiconductors”
More Chinese companies could be added to blacklist
The Biden administration is preparing new export controls on semiconductors and the machines to make them, the latest push in its effort to deny China the ability to make the fastest, most cutting-edge circuitry possible, according to people familiar with the situation.
The administration in recent weeks has already placed new restrictions on some U.S. exports of chips used for artificial-intelligence calculations and manufacturing equipment used to make some of the most powerful number-crunching chips.
U.S. officials also have been considering adding more Chinese technology companies to the Commerce Department’s entity list, which bans exports to them without a license, The Wall Street Journal has previously reported.
The administration has been trying to line up key allies behind the effort, so that the U.S. isn’t the only country putting restrictions in place, the people said. The administration’s actions could be announced as early as this week, one of the people said. Some details of the moves were previously reported by Reuters and the New York Times.
Also popular on WSJ.com:
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
For forums sites go to Forum.BuradaBiliyorum.Com
If you want to read more News articles, you can visit our News category.