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Read Ana's story (login required): "With Smugglers and Front Companies, China is Skirting American A.I. Bans." To catch full episodes of all The Motley Fool's free podcasts, check out our podcast ...
(Reuters) -U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under final review, according to a government posting, suggesting the restrictions are coming ...
A related Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China") was signed by President Joe Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect and has been expanded by E.O. 14032.
Even if they weren’t, China has a wealth of AI talent, producing more top AI researchers than the U.S. By contrast, advanced chips are incredibly hard to make, and unlike algorithms or data ...
Executive Order 14032, titled Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China, was an executive order signed by United States president Joe Biden on June 3, 2021. [1] [2] The order came into effect on August 2, 2021. [3]
The Chinese technology company ban spurred Chinese home-grown chip demand to skyrocket. According to Bloomberg in 2021, nineteen of the world's twenty fastest-growing chip industry firms originate in China. That is up from just eight Chinese companies in 2020. [5]
The US has introduced new export controls on China's semiconductor industry, targeting 140 firms. They aim to curb China's AI and defense-tech growth, partly because of national security concerns.
During a call Wednesday about the company’s third-quarter results, ASML chief executive Peter Wennink said the updated export restrictions would affect between 10% and 15% of the firm’s sales ...