US chokes China's chipmaking future while giving American companies lifeline
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The Biden administration released new rules to limit China's access to US artificial intelligence (AI) chips. However, it has also offered a lifeline to companies like NVIDIA, Intel, and Advanced Micro Devices (AMD) in the Chinese market. The US Bureau of Industry and Security (BIS) is seeking input from the semiconductor industry, on how to export AI chips for small and medium-sized systems in China, without enabling the creation of supercomputers for military use.