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how is the market cap and valuation of archidply industries limited (archidply) ✌️【Interview Skills】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. 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.
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how is the market cap and valuation of archidply industries limited (archidply) ✌️【Interview Skills】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. 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.
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how is the market cap and valuation of archidply industries limited (archidply) ✌️【Interview Skills】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. 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.”
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“We believe we’re in a critical window right now, particularly vis-a-vis China,” one official said. “Every minute counts from our perspective.”
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how is the market cap and valuation of archidply industries limited (archidply) ✌️【Interview Skills】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. 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.
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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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