Secretary of State Antony Blinken said in an interview with National Public Radio (NPR) host Steve Inskeep while the secretary was visiting Beijing that the United States’ restrictions on microchip exports to China were not meant to hold back China’s economy or technological development.
U.S. export controls on sending advanced computing chips to China are not meant to hold back China’s economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday.
Since 2022, U.S. officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia (NVDA.O) Advanced Micro Devices (AMD.O), and Intel (INTC.O), among others. Those controls followed earlier bans on shipping chips to Huawei Technologies (HWT.UL).
But U.S. officials have granted at least two U.S. companies -…
