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US tightens curbs on AI chip exports to China

China’s Premier Li Qiang, right, speaks with US Commerce Secretary Gina Raimondo in Beijing in August 2023.

WASHINGTON – The United States on Tuesday said it was further tightening curbs on exports of state-of-the-art AI chips to China, sending the share price of Nvidia and other semiconductor companies plummeting on Wall Street.

The measures are the latest chapter in the policy started under the Trump administration to limit Beijing’s ability to gain too much ground…

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