02-December-2024
Corporate News
 
US readies China chip curbs that stop short of earlier proposals, Bloomberg News reports
29-Nov-2024

The Biden administration is weighing additional curbs on sales of semiconductor equipment and artificial intelligence (AI) memory chips to China that would escalate a U.S. crackdown on Beijing's tech ambitions but stop short of some stricter measures previously considered, Bloomberg News reported on Wednesday. The restrictions could be unveiled as soon as next week, the Bloomberg report said, citing people familiar with the matter.

News Source:- https://economictimes.indiatimes.com/news/international/business/us-readies-china-chip-curbs-that-stop-short-of-earlier-proposals-bloomberg-news-reports/articleshow/115781524.cms