US plans new tech sanctions on China – Danske Bank
Source Fxstreet
The Biden administration is weighing new tech sanctions on China to restrict its’ AI development, Danske Bank’s Chief Analyst Allan Von Mehren and Chief Analyst Minna Kuusisto note.
US to restrict China using cutting-edge AI technology
“The Biden administration considers new sanctions against China’s AI development industry. The measures on the table regard a cutting-edge chip architecture know as GAA (gate all-around), which helps improve chip performance and reduces power consumption. The US will probably continue to take measures to hold back China’s AI and chip development going forward.”
“The question is how will China respond? It could get more serious with export controls on for example rare earth minerals. But it remains to be seen how much China retaliates.”
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
A known market analyst sees the $6 per coin prediction for XRP crypto being claimed by some experts as too conservative.
The Federal Reserve injected $13.5 billion into the banking system, signaling a significant liquidity boost for Bitcoin and risk assets, rivaling levels from the COVID-19 era.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Ethereum Price Forecast: Accumulation addresses post record inflows in December despite high selling pressureEthereum (ETH) accumulation addresses recorded their highest monthly inflow in December 2025 as the year came to a close. Despite the weak market momentum following the holidays, these wallets doubled down on their buying pressure, adding 3.62 million ETH to their cumulative balance.
Ethereum (ETH) accumulation addresses recorded their highest monthly inflow in December 2025 as the year came to a close. Despite the weak market momentum following the holidays, these wallets doubled down on their buying pressure, adding 3.62 million ETH to their cumulative balance.
Gold gains momentum above $4,100 after weak US NFP data Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
