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“On Tuesday, October 11, Intel obtained a one-year authorization from the U. S. Department of Commerce. “We are expected to continue its existing NAND memory chip operations in Dalian, China,” the company wrote.
South Korean corporations Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Co. , which operates services in China, also won exemptions, the Wall Street Journal reported on Thursday. None of the three responded to CNET’s requests for comment.
In addition to the exemptions, companies will need a special license to sell computer chips and chip-making devices to China. The limits in particular focus on graphics processing suites used to force AI applications, as noted earlier in the New York Times.
“The People’s Republic of China has invested resources to increase supercomputing capacity and aims to become a world leader in synthetic intelligence by 2030,” said Under Secretary of Commerce for the Export Administration Thea D. Rozman Kendler, in a statement, to monitor, track and monitor its own citizens and fuel the modernization of its military. “
Also read: Global chip shortages and $53 billion subsidy boost U. S. manufacturingU. S.