CEOs of Intel, Qualcomm, and Nvidia Corp. are planning to lobby against extending restrictions on the sale to China of certain chips and the equipment to manufacture the semiconductors that the Biden administration is set to roll out in the coming weeks,
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The companies have argued that being cut off from their largest market will harm their ability to spend on advancing their technology and ultimately undermine US leadership.
@pstAsiatech
: repeat...repeat...add: for little to no measurable national security gain...
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@pstAsiatech
Because CHIP export restrictions would be reciprocated. CHIP manufacturing is a system of multinational companies primarily based in the East. Not a single product. Biden Admin doesn't know WTF they are doing to U.S. tech companies.
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@pstAsiatech
"The more the US suppresses the more it stimulates China's pursuit of technological innovation, which will further sharpen China's technological competitiveness."
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@pstAsiatech
Remember when US tried to push back Chinese space program?
Look how well that turned out
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@pstAsiatech
I fervently hope for the future prosperity of China and the “Global South” that US doesn’t stop now but to instead keep extending and expanding the scope and intensity of bans, restrictions, and sanctions on China. Rope in the like-minded allies to do the same too.
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@pstAsiatech
@petedivine
I doubt the Biden people understand how complex and time consuming chip manufacturing has become. More advance assembled components take months. Many individual parts are sourced from dozens of sub contractors specializing in low cost reliable parts.
Supply chain disruptions!
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@pstAsiatech
They will be allowed to sell mature chips anyway. The lobbying won't work in their favor to the extent that they would be satisfied.
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@pstAsiatech
It doesn't matter. There's no going back. China is determined to wean itself off Western tech.
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