News Snapshot:
The Biden administration’s sweeping ban on high-end semiconductors and chip-making equipment earlier this month marks a tipping point not just in the tech wars, but in U.S.-China relations writ large. Previous export restrictions – most prominently, the Huawei ban – sought to prevent any chips for potential military use. But this move seeks to choke off entirely the high end of Beijing’s high-tech sector by banning export of any advanced chips for supercomputers and artificial intelligence. Why is it important? Semiconductors are the DNA of the digital economy, enablers of the still unfolding technology revolution. The new and emerging technologies...
