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
Insights - AMD (AMD.US) is set to release its Q3 FY2024 earnings on October 29. As one of the few companies capable of genuinely capturing market share from NVIDIA, AMD’s earnings report will be a focal point for the market.
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
US President Donald Trump says Iran talks to begin Monday after canceling attackUS President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
US President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
Here is what you need to know on Tuesday, August 4:
