LIVE STREAM : Computer Chip Wars | US Restricts Exports to China

The Biden administration on Friday announced its most aggressive measures to date aimed at limiting China’s access to advanced computer chips and chip-making equipment, saying that the technology is supporting China’s military modernization and even its development of weapons of mass destruction.

The administration said it was focusing solely on the chips, activities and entities of “greatest national security concern” in China to minimize harm to the American chip industry — foundational to the U.S. economy — and disruptions to the global supply chain.

The move represents a clear flexing of U.S. muscle in its competition with China, with analysts saying it amounts to a new strategy of high-tech containment.

China builds hypersonic weapons systems using American chip technology

But officials also acknowledged the effort could backfire without buy-in from foreign partners and allies.

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