US chip restrictions aren’t intended to impede China’s economic expansion, according to Blinken

US chip restrictions aren't intended to impede China's economic expansion, according to Blinken
US chip restrictions aren't intended to impede China's economic expansion, according to Blinken

Secretary of State Antony Blinken indicated on Friday, in an interview with National Public Radio, that the United States’ export restrictions on advanced computing processors to China are not intended to obstruct China’s economic development or technological advancement.

The goal of U.S. export restrictions on sophisticated computing chips to China is not to impede China’s economic growth or technical advancement, Secretary of State Antony Blinken stated on Friday in an interview with National Public Radio.

Wide-ranging restrictions on the type of computer chips that can be shipped to China have been in place since 2022. These restrictions have prevented some sales of Nvidia (NVDA.O), Advanced Micro Devices (AMD.O), and Intel (INTC.O), among other companies. These restrictions came after prior prohibitions on semiconductor shipments to Huawei Technologies (HWT.UL).

However, U.S. authorities have authorized Qualcomm (QCOM.O.), which opens a new tab, and Intel, two American companies, to continue supplying processors to Huawei, which is using an Intel CPU to power a new laptop model. In the NPR interview, Blinken emphasized the device as evidence that the United States was not attempting to impede China, despite criticism from two Republican congressmen earlier this week regarding Intel’s exemption.

While in Beijing, Blinken told NPR presenter Steve Inskeep, “I saw that Huawei just put out a new laptop that it boasted was AI capable and that uses an Intel chip.” I believe it proves that the only technology we’re concentrating on is the most delicate one that could endanger our security.

The sales licenses that Intel and Qualcomm had for Huawei were awarded under the administrations of President Donald Trump and Joe Biden. Neither the Trump nor the Biden administrations have provided an explanation for why those businesses’ direct competitors, AMD and MediaTek (2454.TW), which opens a new tab, have not been granted such exemptions.

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