President Joe Biden’s administration is imposing tough new export controls on a variety of technologies, including semiconductors and quantum computing, in response to China’s growing influence in the global chip industry. Authorities attributed the move to “national security and foreign policy reasons.”
On Thursday, the US Commerce Department’s Bureau of Industry and Security (BIS) announced New rules which would impose better export controls on quantum computers, related equipment and components; high-bandwidth chips that are important in building AI applications; equipment, components and related technology and software designed to produce metal or metal alloy components; as well as advanced chipmaking equipment.
According to the department, thorough discussions were held with international partners before coming up with the new rules. CNBC informed. The new restrictions cover the world export But exemptions are included for countries like Japan and the Netherlands that have similar restrictions.
This Bureau of Industry and Security Expect similar measures to be adopted by more countries.
“Today’s action ensures that our national export controls keep pace with rapidly evolving technologies and are more effective when we work in concert with international partners,” said Alan Estevez, Under Secretary of the Bureau of Industry and Security. Press release.
“Aligning our controls on quantum and other advanced technologies makes it more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security,” he added.
Officials said there will be a 60-day comment period during which they will monitor feedback before a final verdict.
Comes as a move Beijing Making bold moves to become a leader in quantum computing and semiconductors. The documents, while not specifically mentioning China, reflect sanctions imposed by the Biden administration aimed at limiting China’s development in artificial intelligence and computing, the report said.
Despite technological restrictions and increased restrictions, China has stepped up its efforts to gain a competitive edge in critical technology development, investing billions to strengthen its position in the chip-making industry.
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