> US hits China’s chip industry with new export controls
The US has introduced new export controls in an effort to curtail China’s ability to create an advanced semiconductor industry and to slow its development of artificial intelligence with military applications.
The restrictions on the export of critical semiconductor manufacturing tools will affect both US companies and foreign firms that use American technology in their chipmaking equipment. The US will also prevent the export of advanced high bandwidth memory (HBM), a crucial component in AI chips, to China.
https://www.ft.com/content/2334d3d9-d744-4d1f-94cc-e328968b41ce