The Biden administration plans to expand restrictions on U.S. exports to China of materials used to make chips and semiconductors for artificial intelligence, according to the Reuters news agency.2022
The Department of Commerce plans to issue new regulations next month based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp (KLAC.O), Lam Research Corp (LRCX.O) and Applied Materials Inc (AMAT. O). According to the agency, the information was provided by experts who requested anonymity.
)The letters, which the companies have publicly acknowledged, prohibit them from exporting equipment unless the sellers obtain licenses from the Department of Commerce.2022
Intel Corp (INTC.O) and startups like Cerebras Systems are targeting the same advanced computing markets. Intel said it is closely monitoring the situation, while Cerebras declined to comment.
A source said the rules may also impose license requirements for shipments to China of products containing the A chip100 from Nvidia.2022
Dell and HPE , who work in this market, said they were following the situation, while Super Micro Computer did not respond.
US authorities have contacted other countries to pressure them to pass similar policies so that foreign companies do not sell technology to China.
“Coordination with allies is critical to maximizing effectiveness and minimizing unintended consequences,” said Clete Willems, a former Trump administration trade official .
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