US has Imposed Export Rules to Hobble China's Chip Industry

The Biden Administration has implemented a sweeping set of export rules on china's chip industry

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These measures have been taken to expand its reach in its bid to slow Beijing's technology sphere and military services

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Some of this rules has an immediate effect, build on restrictions sent in letters this year to top toolmakers

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US Government Officials have said that many measures were taken to prevent selling Chinese firms and by making our own semiconductor chips

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The rule was published on Friday, it also block shipments of broad array of chips used in Chinese superconducting systems

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The new bid have made the Biden Administration to have a great impact and act as a competitor in semiconductor chips sector

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The Semiconductor Industry Association has said that the rule should be implemented in a targeted way and in collaboration with international partners.

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The scope of the rule has a great potential and have quite stunning but on the other hand it will depend on the details of implementation

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Thanks a lot for being with us.

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