In a strategic move to safeguard national security interests and address potential human rights concerns, the Biden administration has ramped up its efforts in the ongoing chip war against China. Commerce Secretary Gina Raimondo emphasized the significance of these measures, stating, “These export controls are intended to protect technologies that have clear national security or human rights implications.” She further highlighted that while the majority of semiconductor exports will remain unrestricted, the administration will act decisively when identifying threats to national security or human rights, in collaboration with allied nations. These latest updates have emerged following extensive consultations with industry … Continue reading Biden Administration Escalates Chip War Against China: New Restrictions on Advanced Semiconductor Exports