Biden administration adds 14 additional Chinese firms to trade blacklist | TechCrunch
Briefly

Days after the Biden administration pushed for sweeping AI chip export restrictions, it added 14 more Chinese companies to its restricted trade list, reaching 25 total.
Among the newly added companies, Sophgo, linked to Huawei and TSMC, has raised significant concerns, especially after a chip on Huawei's AI processor was traced back to a TSMC purchase.
Nvidia criticized the Biden administration's sweeping regulations, arguing it undermines American leadership in AI and stifles competition, warning it threatens technological innovation.
The move has sparked controversy, with fears that bureaucratic controls and market rigging could damage America's technological advantage that has been hard-won over years.
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