U.S. Ban On Advanced Chips Impacting Supply Chains And U.S. Firms, Claims China

China has vehemently protested against the US Commerce Department's most recent update to export controls aimed at preventing the export of advanced computer chips and the associated manufacturing equipment to China, as reported by the Associated Press (AP).

The regulations were initially intended to counter the use of these chips for military purposes, including the development of hypersonic missiles and artificial intelligence. I Photo: NVIDIA

The revisions to US regulations were announced on Tuesday, approximately one year after the introduction of export controls, which were initially intended to counter the use of these chips for military purposes, including the development of hypersonic missiles and artificial intelligence.

China's Commerce Ministry deemed these controls as "improper" and urged Washington to lift them as soon as possible.

The Ministry emphasized that due to the highly globalized nature of the semiconductor industry, restrictions on chips used for artificial intelligence and other advanced applications were impeding normal trade and economic activities.

They were seen as a violation of international trade rules and as posing a serious threat to the stability of industrial supply chains, according to a transcript of a briefing on the ministry's website.

The statement further noted, "U.S. semiconductor companies have incurred substantial losses, and semiconductor firms in other nations have also been impacted."

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