Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Base’s x402 Protocol Surpasses $100M in Q1 Stablecoin Payments, Dominating AI Agent Transactions

May 13, 2026

Here’s When Bitcoin Could Reach $10M Under Power Law Model

May 13, 2026

5 Best Accounting Software Picks for 2026

May 13, 2026
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Wednesday, May 13
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Stock Market»Biden administration poised to expand China AI chip sanctions- Wired
Stock Market

Biden administration poised to expand China AI chip sanctions- Wired

November 28, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Biden administration is set to announce new export restrictions targeting China’s advancement in artificial intelligence (AI), according to Wired. These controls are expected to focus on Chinese semiconductor production, particularly companies associated with Huawei.

The proposed measures may involve adding approximately 200 Chinese firms to the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) entity list, requiring special licenses for them to access U.S. software and products. This move could significantly limit their access to critical technologies, including high-bandwidth memory (HBM) chips crucial for advanced GPUs and AI chips.

Reports suggest that the Biden administration is considering restrictions on HBM chips, with the U.S. Chamber of Commerce informing its members about the impending export controls. These efforts align with the U.S.’s ongoing strategy to curb China’s technological progress, building on measures initiated during the Trump administration.

The potential sanctions are expected to pose challenges for China’s AI sector, impacting companies like Huawei that heavily rely on advanced semiconductors. The semiconductor industry could experience ripple effects, with U.S. chipmakers like NVIDIA Corporation possibly facing reduced demand from Chinese firms.

China has criticized the anticipated measures, accusing the U.S. of using national security as a pretext to hinder its technological development. Despite opposition, the U.S. Chamber of Commerce has warned about the controls, indicating a phased rollout.

Administration Biden China chip expand poised sanctions Wired
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Wiener Privatbank joins Real Finance to expand institutional access to blockchain-based assets

May 2, 2026

What Is the Trump Administration Really Trying To Do With The Latest Comey Indictment?

April 30, 2026

China Loses Monopoly Over The Rarest Of Rare Earths

April 29, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Chinese citizens unconvinced by official growth claims

January 16, 20250 Views

How to Shop Amid Tariff Uncertainty

March 12, 20259 Views

Starknet Taps Alpen Labs to Build Trust-Minimized Bridge for Native Bitcoin DeFi

October 22, 20257 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Crypto

Base’s x402 Protocol Surpasses $100M in Q1 Stablecoin Payments, Dominating AI Agent Transactions

May 13, 20260
Crypto

Here’s When Bitcoin Could Reach $10M Under Power Law Model

May 13, 20260
Personal Finance

5 Best Accounting Software Picks for 2026

May 13, 20260
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2026 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.