Biden Expands Tech War With China, Bans Exports of Nvidia and Intel AI Chips
Nvidia produced a chip specifically to get around Biden’s export curbs. The US just banned that chip for export too.
US Escalates Tech War, Cuts Supply of AI Chips to China. The Bureau of Industry and Security, announces New Restrictions on Advanced Computing Semiconductors, Semiconductor Manufacturing Equipment, and Supercomputing Items to Countries of Concern.
Nvidia, Intel, AMD Hit With Export Bans. CNN reports US Escalates Tech Battle by Cutting China Off From AI Chips.
This will work for a while and then it won’t. Previous technology bans drove China to produce its own cell phone chips.US Sanctions Fail Again, China Now Produces Its Own Advanced Computer Chips. $NVIDIA(NVDA.US$ $Intel(INTC.US$ $Taiwan Semiconductor(TSM.US$ $Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US$
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