New KSE Institute analysis revealed that Russian military equipment uses chips from Western countries, despite these nations implementing sanctions and export controls to cut Russia’s access to their semiconductors. According to a CNBC report, the Kyiv-based think tank identified over 1,000 foreign-made components in 58 Russian military weapons, vehicles and other equipment recovered in Ukraine...
Tag: semiconductors
EO Empowers Treasury to Regulate US Tech Investments in China
President Joe Biden signed an executive order Wednesday authorizing the Department of the Treasury to regulate U.S. technology investments in China and other countries of concern. The regulatory measure covers three technological sectors sensitive to national security, namely: semiconductors and microelectronics, quantum information technologies, and artificial intelligence. The EO follows extensive and thorough consultations by...
Reuters: US Updating Restrictions on Exporting AI Chips, Chipmaking Tools to China
A U.S. official revealed that China has been informed of U.S. plans to update the rules banning the export of artificial intelligence chips and chipmaking tools to Beijing, according to a Reuters report. The rules were first implemented in October 2022 as part of Washington’s effort to address national security concerns, hinder China’s efforts to...
US Legislators Want Stronger Trade Actions to Curb China’s Dominance in Legacy Chips
U.S. House lawmakers want stronger actions to curtail China’s continued domination of older-generation microchip manufacturing. In a letter addressed to U.S. government business and trade officials, Reps. Mike Gallagher, R-Wis., and Raja Krishnamoorth, D-Ill., recommended implementing tariffs and other efforts to reduce the overreliance on China for less-advanced semiconductors in use across several industries. The legislators called on...
Report: China to Raise $41B Fund to Develop Advanced Chips
The China Integrated Circuit Industry Investment Fund, also known as the Big Fund, is planning to launch its third investment initiative supporting the country’s development of advanced semiconductors. People familiar with the matter told Reuters that China’s state-owned fund aims to generate investments worth $41 billion, a significant increase compared to the previous funds worth...