The US warned China to expect updated export curbs in October. US official

According to a U.S. official, the Biden administration issued a warning to Beijing about its plans to amend regulations that limit the export of AI chips and chip-making equipment to China as early as October. This was done in an effort to normalise relations between the two giants.

The Commerce Department, which is in charge of export controls, is updating the export limitations that were first announced last year. According to other sources, the update aims to close some gaps in the export limits on artificial intelligence (AI) chips and restrict access to more chip making equipment in accordance with recent Dutch and Japanese regulations.

“The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials,” the U.S. official stated, using the abbreviation for People’s Republic of China. The original rules were published Oct. 7, 2022.

The restrictions released last October sought to prevent U.S. technology from being utilized to support the Chinese military by cutting off its access to advanced AI chips and curbing its ability to import the most sophisticated chip making tools from the United States.

Source: CNBC