PALO ALTO, U.S. — U.S. President Joe Biden signed an govt order Wednesday that restricts sure American investments in mainland China, Hong Kong and Macao in high-tech sectors resembling synthetic intelligence, semiconductors and quantum know-how.
The order prohibits U.S. individuals from making “sure transactions” in semiconductors and microelectronics, quantum info applied sciences and AI sectors and requires them to inform the Treasury Division when making such transactions.