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US bans American investment in China's semiconductor, AI, and quantum computing industries
Aug. 10, 2023, 3:31 p.m. | Rob Thubron
TechSpot www.techspot.com
The order authorizes the US Treasury to limit or prohibit US investment in three areas of Chinese development: semiconductors, artificial intelligence, and quantum computing. The restrictions will apply to "narrow subsets" of these areas, though the administration never went into detail about what these might be.
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