Biden takes a last aim at China’s hi-tech ambitions with new chip restrictions

Biden takes a last aim at China’s hi-tech ambitions with new chip restrictions

Washington has unveiled sweeping new regulations aimed at curbing China’s ability to develop advanced semiconductors critical to military technologies, artificial intelligence, and hi-tech weaponry. The measures, announced on Monday by the Commerce Department’s Bureau of Industry and Security, impose export restrictions on 24 types of chipmaking equipment and three categories of software essential for semiconductor…

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Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says

Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says

By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export…

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China hails mineral finds amid push for security of supply chain, energy and nation

China hails mineral finds amid push for security of supply chain, energy and nation

China has reported “prominent results” in its hunt for green-energy minerals, with the Ministry of Natural Resources saying new deposits of the resources deemed crucial for national security had been discovered. Among those at the top of the list released by the ministry last week were gold, copper, molybdenum, phosphorite and fluorite – minerals important…

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