US expands export controls for AI semiconductor chips to China By Cointelegraph

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The United States Department of Commerce’s Bureau of Industry and Security (BIS) released a notice on Oct. 17 expanding the already existing export controls of artificial intelligence (AI) chips to China.

The BIS wrote that the newly released rules “reinforce” those put in place back in October 2022, with the goal of restricting China’s ability to “both purchase and manufacture certain high-end chips critical for military advantage.”