US imposes more technology export restrictions on China, Russia, Iran

President Biden has accelerated U.S. efforts to rein in China’s technological advances by implementing tighter controls on quantum computing and semiconductor products. Advanced chip-making tools and other semiconductor technologies are critical to artificial intelligence applications.

The U.S. Department of Commerce announced the new rules, citing “national security and foreign policy” as reasons for the move. The restrictions apply to global exports, and Alan Estevez of the Bureau of Industry confirmed: