U.S. Secretary of Commerce Gina Raimondo testifies during the House Science, Space and Technology Committee hearing titled “Chips on the Table: A one year review of the CHIPS and Science Act,” in the Rayburn Building in Washington, D.C., on Sept. 19, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images WASHINGTON — The Biden … Read more
A partner at a Chinese semiconductor investment fund has welcomed the U.S. government’s ban of certain advanced chip types to be exported to China, describing the move as “great news” which may stimulate a domestic ecosystem. Chloe Wang, a partner and vice-president at the Guangzhou-headquartered Yang Cheng Fund, said: “We received the very great … Read more
The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in the coming weeks. The U.S. government says the new rules are intended to close loopholes that popped up after last year’s restrictions on AI chip exports went into effect. Shares of chip … Read more
Pictured here is an exhibition on big data for transportation in Chongqing on Oct. 21, 2020. China News Service | China News Service | Getty Images BEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones. Over the last few years, … Read more
Central Chinese language authorities officers are banned from utilizing iPhones within the office, the Wall Avenue Journal reported on Wednesday. Individuals acquainted with the matter informed the outlet that staff had been notified of the ban in discussion groups or conferences, and are prohibited from bringing iPhones or different overseas gadgets into the workplace. How … Read more
US Commerce Secretary Gina Raimondo (C) talks to US Ambassador to China Nick Burns (L) as they head to a gathering with Chinese language Premier Li Qiang on the Nice Corridor of the Folks in Beijing on August 29, 2023. Andy Wong | Afp | Getty Photographs BEIJING — U.S. Commerce Secretary Gina Raimondo has … Read more