Biden unveils last round of AI chip curbs aimed at China and Russia

The Biden administration has announced a new round of restrictions on AI chip exports to China and Russia. This follows previous semiconductor export controls announced in recent months, including limits on semiconductor manufacturing equipment sales and restrictions on Chinese companies accessing American technology.
The new measures have faced significant criticism from major tech companies and industry groups:
Nvidia - Through VP Ned Finkle, criticized the "AI Diffusion" rule as misguided and warned it could harm global innovation and economic growth
Oracle Executive VP Ken Glueck argued the rules represent regulatory overreach that could cost the US its technology leadership
Semiconductor Industry Association: expressed concern about the scope and complexity of the regulations, noting they were developed without industry input
This development is part of an ongoing technology rivalry between the US and China, where Xi Jinping has made technological self-sufficiency a key economic priority. The restrictions appear to reflect growing US concerns about China's AI capabilities and access to advanced semiconductor technology.