News Snapshot:
Washington’s latest restrictions on exports of certain US-origin advanced artificial intelligence (AI) chips to China has elicited shock and anger on the mainland, but also sparked calls to double down on efforts to find domestic substitutes. While China’s foreign ministry spokesman Wang Wenbin labelled the latest restrictions an act of “technology hegemonism”, as it could slow China’s big data centre development, the country’s chip veterans are trying to play down the immediate impact and highlight the possibility that Chinese graphic processing unit (GPU) makers will benefit. News of the ban, which restricts certain high-end chips from Nvidia and Advanced Micro...
