The 21 Chinese AI chip entities being added to the trade blacklist, which include Cambricon Technologies and CETC, face an even tougher penalty, with the U.S. government effectively blocking their access to technology made anywhere in the world with U.S. equipment.
“YMTC poses a threat to our national security, so the Biden Administration needed to act swiftly to prevent YMTC from gaining even an inch of a military or economic advantage,” Top Senate Democrat Chuck Schumer said in a statement.