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Chinese firms helping military get AI chips added to US export blacklist

WASHINGTON (Reuters) -The United States is adding four Chinese companies to an export blacklist for seeking to acquire AI chips for China's military, a U.S. official said on Wednesday. The companies are "involved with providing AI chips to China's military modernization programs" and military intelligence users, the Commerce Department's Kevin Kurland, an export enforcement official, said at a U.S. Senate subcommittee hearing on strengthening export control enforcement.
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Source: aol.com

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Trade Matters - Export Controls & Trade & Investment Sanctions

Teradyne, a Massachusetts-based supplier of semiconductor testing equipment, has reportedly pulled $1 billion of manufacturing equipment out of China in 2023 following export controls on advanced computing materials and semiconductors issued by the Bureau of Industry and Security in 2022 and 2023.
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Source: mondaq.com

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