America restricted the sale of chips to China

According to the Wall Street Journal report, the US government yesterday approved broader restrictions on the sale of chips and chipset production equipment to China in order to Under these new rules, companies such as Intel and AMD must obtain permission from the US Department of Commerce to ship chips and equipment to Chinese companies. Also, foreign companies that produce chips using American equipment face extensive restrictions on sending chips to Chinese companies.

BingMag.com America restricted the sale of chips to China

According to the Wall Street Journal report, the US government yesterday approved broader restrictions on the sale of chips and chipset production equipment to China in order to Under these new rules, companies such as Intel and AMD must obtain permission from the US Department of Commerce to ship chips and equipment to Chinese companies. Also, foreign companies that produce chips using American equipment face extensive restrictions on sending chips to Chinese companies.

This decision comes after months of increased investment by the US government in the chip industry. Some time ago, Joe Biden signed a $280 billion law, according to which companies looking to build chip factories in the United States will receive $52 billion in subsidies. This action was the result of months of talks between the Biden administration and congressional leaders such as Senator Chuck Schumer, who reached this agreement in an effort to strengthen America's competitiveness against China in the field of technology.

As you probably know, Currently, semiconductor chips are used in a variety of products, from car graphics cards to electric cars and military equipment. With this, America intends to stop the progress of Chinese industries to a great extent. In the past few weeks, some major companies in the chip industry have announced the construction of multi-billion dollar factories in the states of Ohio and Idaho.

Some time ago, Joe Biden, to celebrate the start of the construction of a 20 billion dollar factory by Intel in Ohio, It appeared in this state that Intel is building this factory with the help of receiving subsidies from the US government.

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