US expected to announce further AI chip sanctions against China on Monday

The US is expected to announce another set of measures on Monday designed to further restrain China’s ability to develop advanced artificial intelligence

• The reports cite “people familiar with the matter”
• could include sanctioning dozens of Chinese companies that produce equipment for making semiconductors
• also placing restrictions on a handful of chip manufacturing plants, some of which have ties to the Chinese tech giant Huawei

Via WIRED.

This article was written by Eamonn Sheridan at www.forexlive.com.