Illustration by Alex Castro / The Verge
The Biden administration announced sweeping new restrictions on the sale of semiconductor chips and manufacturing equipment to China on Friday in a major effort to impair Beijing’s military and technological capabilities, according to The Wall Street Journal.
The new rules require manufacturers, like Intel and Micron, to receive a license from the Commerce Department in order to export semiconductors and chip-making equipment to Chinese companies. In addition, the administration issued several foreign direct product rules, banning international companies from exporting chips built with US technology.
Semiconductor chips are used in a variety of different technology products, from graphics cards and EVs to artificial intelligence projects…