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pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. The Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) systems, in a final effort to prevent rivals like China from accessing the advanced technology, just a week before leaving office.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. The fresh curbs, the culmination of years of attempts to block China from gaining ground in its military and industrial leadership efforts, are expected to further inflame tensions between Washington and Beijing ahead of the inauguration of President-elect Donald Trump next week. They’ve also triggered intense criticism from US tech giants like Nvidia and Oracle.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. Speaking to reporters on Sunday, US Secretary of Commerce Gina Raimondo said the new rules were “designed to safeguard the most advanced AI technology and ensure that it stays out of the hands of our foreign adversaries, but also enabling the broad diffusion and sharing of the benefits with partner countries.”

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. The global export framework, announced Monday, creates three tiers of countries for exports of advanced AI chips and technology. There are no new restrictions for partners and allies like Australia, Japan, South Korea and Taiwan.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. A second tier of countries including China and Russia, which are already blocked from buying advanced chips, will be newly subject to restrictions on the sale of the most powerful “closed” AI models, which refer to models whose underlying architectures are not released to the public.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. The biggest changes will be faced by the third group, which comprises most of the world, which will soon have new caps on the amount of computing power that can be bought, although they will be able to apply for additional quotas subject to certain security requirements. Analysts have said this change is intended to prevent China from accessing AI chips through third countries, particularly in the Middle East.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. The restrictions are being announced against a global backdrop of soaring demand for AI chips made by the likes of Nvidia, AMD and Intel. With days to go before Biden leaves office, the rules now enter a 120-day comment period but will take effect before that period is over.

“We hope that the next administration takes full advantage of those 120 days to listen to experts, industry, industry players, partner countries,” Raimondo said. “I fully expect the next administration may make changes as a result of that input.”

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. Senior Biden administration officials, speaking on background, were asked Sunday about the extent to which they consulted with the incoming Trump administration. Officials would only acknowledge there were “ongoing discussions about a range of issues.”

“We believe we’re in a critical window right now, particularly vis-a-vis China,” one official said. “Every minute counts from our perspective.”

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. The latest measures were announced just a month after the outgoing administrationannounced curbson the sale of two dozen types of semiconductor-making equipment and restrictions on numerous Chinese companies from accessing American technology.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Free real-time market data to help you quickly recover and avoid losses. Since October 2022, the administration has announced several rounds of semiconductor export restrictions targeting Beijing. Chinese leader Xi Jinping has made self-sufficiency a major pillar of his economic strategy to make China a tech superpower.

pradeep metals limited (513532) gets regulatory approval ✌️【Interview】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. Tech giants Nvidia, the world’s largest provider of processors that power AI, and Oracle as well as an influential semiconductor industry group blasted the newest restrictions, accusing the Biden administration of bureaucratic overreach and saying they would harm US competitiveness.

In a blog post published on Monday, Ned Finkle, Nvidia’s vice president of government affairs, wrote the adoption of AI around the world fuels growth and opportunity for industries at home and abroad.

“That global progress is now in jeopardy. The Biden Administration now seeks to restrict access to mainstream computing applications with its unprecedented and misguided ‘AI Diffusion’ rule which threatens to derail innovation and economic growth worldwide,” he wrote.

“While cloaked in the guise of an ‘anti-China’ measure, these rules would do nothing to enhance US security,” he added.

Oracle Executive Vice President Ken Glueckwrote last weekthe rule “does more to achieve extreme regulatory overreach than protect US interests and those of our partners and allies.”

“It practically enshrines the law of intended consequences and will cost the US critical technology leadership,” he said.

Last week, the Washington-based Semiconductor Industry Association said it was “deeply concerned by the unprecedented scope and complexity of this potential regulation, which was developed without industry input and could significantly undercut US leadership and competitiveness in semiconductor technology and advanced AI systems.”

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