Biden Eyes Adding Ai Chip Curbs to Chinese Companies Abroad - Reuters
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Price: $216.61 -0.44%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: +96.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: +96.8%
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Biden Eyes Adding Ai Chip Curbs to Chinese Companies Abroad - Reuters
- The Biden administration is considering closing a loophole that gives Chinese companies access to American artificial intelligence (AI) chips through units located overseas.
Chips barred by U.S. regulations could be purchased from vendors in Huaqiangbei electronics area in the southern Chinese city of Shenzhen.
Washington is now mulling ways to close the loophole.
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