The United States government under the leadership of Donald Trump officially lifted the restrictions on the export of advanced chips and chip design software to China that were previously imposed during the Biden era. This new policy aims to reopen access to US technology in the Chinese market and trusted allied countries while maintaining national security with more focused controls on specific enemy nations.

The cancellation of these regulations has been positively received by technology companies such as Nvidia and Cadence, which had previously criticized the strict restrictions as they were seen to push China to develop its local chip industry independently. The CEO of Nvidia even stated that the restrictions caused the company to lose market share and accelerated China's technological independence.

This move is also part of the easing of US-China trade tensions, where both countries are negotiating to mutually lift sanctions and export restrictions on essential technologies, including chips and rare earth mineral materials. With the lifting of these restrictions, the US hopes to improve trade relations and maintain its technological leadership position without compromising national security.

Overall, this new policy marks a shift in the US strategy that is more inclusive and balanced in managing high-tech exports amid current global competition and geopolitical dynamics #chip #ChinaCrypto $BTC