Lightwave Logic Inc (LWLG)

[XenaLives]

Retaliation?

President Joe Biden is reportedly considering a new measure that hopes to block the small number of American chips that still make their way to China, in spite of an export ban, according to Reuters Friday. A United States rule restricting the export of advanced chips to China was revised this week, and yesterday went into final review.

Last year, the Biden administration issued sweeping export controls to cut off China from chips capable of building large language models, in an effort to curb Beijing’s technical and military advances. However, high-end NVIDIA chips can still be purchased at the infamous Huaqiangbei electronics area in Shenzen, China according to the report.

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https://www.msn.com/en-us/news/technology/biden-looks-to-close-china-s-underground-loophole-for-receiving-american-chips/ar-AA1iayai