US plans new tech limits that could reshape global chip market

White House readies fresh semiconductor export limits targeting Chinese tech sector. New rules build on previous tech-control measures while adding stricter overseas chip-making equipment boundaries

December 2 2024 , 01:35 PM  •  76 views

US plans new tech limits that could reshape global chip market

The White-house plans to roll-out new tech-control measures on monday (its latest move in a multi-year effort to manage advanced chip exports to China)

Gina Raimondo‚ Commerce Secretary described these rules as ground-breaking: “These are the strongest controls weʼve put forward to slow-down military tech development“

The roll-out faced set-backs due to several factors — international partner discussions and chip-maker feedback needed careful attention. These new limitations expand on tech-control measures that began during the Donald Trump era

The updated rules target high-end semiconductor production and related equipment; focusing on components that could boost military capabilities. US officials worked with overseas allies to create a united approach: this cooperation helped shape the final policy design

The measures aim to keep advanced chip-making tech out of reach while balancing trade needs. Industry leaders had to adjust their plans — many companies that work with Chinese partners needed time to understand how these changes might affect their business models