U.S. Goes Full-Court Press on China’s Chip Sector
Wall Street JournalAPR 2 2023
Biden's restrictions will not affect Chinese markets, only dampen US exports. China has retained a large market for its data chips, and the vast majority of customers for Chinese companies fall outside the specification that would see them subjected to restrictions established in the CHIPS act.
Chips developed by Chinese companies could be used to produce advanced weaponry systems or even weapons of mass destruction. US restrictions on semiconductor production will protect American interests and security while also ensuring American technological leadership and innovation.