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US chip industry update, fixing education, Amazon allegations + OK Boomer | E1580
This Week in Startups
The Commerce Department Issues New, Very Strict Restrictions on Exporting and Selling Advanced Computing Chips to China
The Commerce Department has issued new, very strict restrictions on exporting and selling advanced computing chips to China. So now if you're an American based company like Micron, you need a special license to export some of these high performance chips that power AI applications or guide hypersonic weapons. I saw Biden touting that Micron was going to invest up to $100 billion on a chip factory in upstate New York.
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