The US Just Escalated Its AI Chip War With China

The recent escalation in the AI chip war between the US and China, including tightened restrictions on exports of chips and chip making equipment. The new rules set by the US government regarding the sale and use of AI training chips and chip making equipment. Concerns expressed by US Secretary of Commerce Gina Ramondo and the semiconductor industry association, and potential impact on China's domestic chip industry and ongoing diplomatic efforts between the US and China.