Will the US regulate China's high-tech investment?
White House officials revealed that U.S. investment in overseas chipmakers has attracted the attention of the Biden administration. However, Washington authorities have not yet decided whether to regulate U.S. investment in China.
Reuters reported on the 14th that the White House has been studying an executive order that would allow Washington to review and block certain U.S. investments in overseas high-tech sectors, especially in China, on the grounds that U.S. national security could be compromised. threaten. An executive order could be issued as soon as the fourth quarter of this year (2022).
According to the report, an update from the Commerce Department to members indicates that President Biden will issue a more targeted and tailored executive order on foreign investment this fall.
According to reports, the Ministry of Finance and the Ministry of Commerce will participate in the operation, which will initially target the fields of semiconductors, artificial intelligence (AI) and quantum technology.
Leading Chinese universities and national research institutes rely heavily on Nvidia Corp.'s advanced chips, which Washington has banned from exporting, to support their AI development, the analysis shows.
The South China Morning Post reported that Lu Jianping, Chief Technology Officer of Iluvatar Corex, also mentioned in an online forum held by ICwise on the 14th that Huida controls 95% of the full-purpose graphics processing units (GPUs) used to train AI models. )market. He said that although Chinese players have also begun to develop their own GPUs, they are not enough to challenge AMD and NVIDIA.
According to reports, Tianshu Zhixin is expected to become the main beneficiary of new entrepreneurs who will be the main beneficiary of the US restrictions on the export of AI chips. The company said earlier in September at the 2022 World AI Conference in Shanghai that it has received 230 million yuan ($33 million) in orders so far for its Tiangai 100 GPU, which took four years to develop.
