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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
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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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