• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

‘There’s Three Good Teams at the Top and Then Nothing’

September 12, 2026

China-Philippine Feud over South China Sea Escalates

September 12, 2026

Karmelo Anthony’s Alleged Racist and Homophobic Texts Exposed

September 12, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, September 12
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    At 9/11 ceremony, Giuliani and Mamdani … shake hands?

    September 12, 2026

    NBC Boston HARASSES Lone Black Holdout Juror in Clancy Murder Trial, Digs Into His Court Records, Contacts Landlord, Interviews Family Members * The Gateway Pundit * by Cristina Laila

    September 11, 2026

    Trump’s Promise Of $5,000 Checks Is Already Dead

    September 11, 2026

    That’s It?! Here is Video of the Armed Man ‘Lunging’ at Democrat Ohio Gubernatorial Candidate Amy Acton * The Gateway Pundit * by Cristina Laila

    September 11, 2026

    British MPs Vote AGAINST Assisted Suicide Bill in Victory for Life (VIDEOS) * The Gateway Pundit * by Paul Serran

    September 11, 2026
  • Health

    Medicaid offers simplified way to handle ‘medical frailty’ exemptions

    September 11, 2026

    Cyclospora outbreak: U.S. officials declare end; origin still unknown

    September 11, 2026

    $500 Obamacare, platinum chemo, ADA boycott: Morning Rounds

    September 11, 2026

    New ‘Queen of Hearts’ AI aims to detect hidden-blockage heart attacks

    September 11, 2026

    Lifesaving childhood chemotherapy raises risk of cancer later in life

    September 10, 2026
  • World

    China-Philippine Feud over South China Sea Escalates

    September 12, 2026

    Trump Ends Convention With The Weirdest Pledge You’ll Ever Hear

    September 12, 2026

    Iran-Backed Houthis Threaten Red Sea Shipping and Bab el-Mandeb Strait

    September 12, 2026

    Conservative Columnist Explains Exactly Why Trump’s New Idea Is ‘Catastrophic’ In Every Sense

    September 12, 2026

    More Action Against Gangs in One Month Than in Past Years

    September 11, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Silver prices turn negative leading up to CPI report

    September 12, 2026

    HIVE brings in enterprise veteran to scale BUZZ HPC’s AI cloud business

    September 11, 2026

    172-year-old bank sees 400% upside for ‘federal bank’ token

    September 11, 2026

    Rates shoot up ahead of CPI data

    September 11, 2026

    Morningstar on SanDisk’s 2,107% Year

    September 11, 2026
  • Tech

    Sam Altman’s OpenAI Claims to Consider Slowing AI Development as Safety Concerns Mount

    September 12, 2026

    Elon Musk Expresses Skepticism over Viral AI Doom Prediction

    September 11, 2026

    EXCLUSIVE — Silicon Valley Democrat Turned Trump Supporter Warns Chinese AI Could Shape Americans Through ‘Millions of Small Distortions that Nobody Notices’

    September 11, 2026

    FBI Detects Argentina Teenager Using ChatGPT to Plan School Shooting

    September 11, 2026

    China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

    September 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Biden’s Chip Sanctions Are Not Effective Against China, Congressional Report Says
Business

Biden’s Chip Sanctions Are Not Effective Against China, Congressional Report Says

November 15, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
APEC Economic Leaders Hold Meetings In San Francisco
Share
Facebook Twitter LinkedIn Pinterest Email

President Joe Biden’s semiconductor sanctions are not sufficiently preventing China from gaining access to the advanced technology, a Tuesday congressional report asserts.

Chinese firms have been procuring American chip manufacturing machinery to produce cutting-edge semiconductors, which are used in artificial intelligence (AI), according to the report by the U.S.-China Economic and Security Review Commission. Biden administration sanctions have aimed at impeding China’s progress in the semiconductor sector, but it has successfully found ways to circumvent them through dubious claims, self-reliance and other countries. (RELATED: China To Launch Massive New Fund To Fight US In Tech War)

🚨 The U.S.-China Economic and Security Review Commission today released its 2023 Annual Report to Congress.

Key findings, policy recommendations, executive summaries, and more are available here: https://t.co/WWiD4VObNU pic.twitter.com/U6349k7YN8

— U.S.-China Commission (@USCC_GOV) November 14, 2023

Chinese “importers are often able to purchase the equipment if they claim it is being used on an older production line, and with limited capacity for end-use inspections it is difficult to verify the equipment is not being used to produce more advanced chips,” the report found.

Biden’s 2022 CHIPS and Science Act is designed to advance America’s semiconductor industry while also taking on China, according to a White House fact sheet. The funds provided in the act prohibit constructing certain factories in China.

“Current restrictions on U.S. semiconductor manufacturing equipment are ineffective because ‘equipment companies … are selling basically every tool they offer to China,’” Semiconductor Analyst Dylan Patel wrote in September, which is cited in the report.

The Biden administration rolled out semiconductor sanctions on Oct. 17, 2023 to further prevent China from acquiring them. They are designed to seal loopholes in previous limitations and reduce the export of equipment required to produce advanced semiconductor chips, according to the rules announced by the Department of Commerce.

See also  Global fashion factories in Bangladesh resigned to slimmer margins ahead of wage hike

“Between January and August 2023, China imported $3.2 billion … worth of semiconductor manufacturing machines from the Netherlands, a 96.1 percent increase over the $1.7 billion … recorded over the same period in 2022,” the report found. “China’s imports of semiconductor equipment from all countries totaled $13.8 billion … over the first eight months of 2023 as Chinese companies built up stockpiles.”

The October restrictions expand upon the Biden administration’s goal of blocking China’s military from using AI in harmful ways, Commerce Secretary Gina Raimondo said, according to Axios.

“China is on pace to more than double its imports of semiconductor equipment from 2019 levels,” the report found.

Since then, China has also ramped up its initiatives to increase domestic chip production, showing its capability in making them regardless of of U.S. restrictions, according to the report. Chinese technology company Huawei was able to release a high-tech smartphone as a result of a domestically produced chip that is similar to a U.S.-controlled chip.

The U.S.-China Economic and Security Review Commission, White House and Commerce Department did not immediately respond to the Daily Caller News Foundation’s request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Bidens China Chip Congressional Effective Report Sanctions
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

China-Philippine Feud over South China Sea Escalates

September 12, 2026

Silver prices turn negative leading up to CPI report

September 12, 2026

London Doubles Down on Decision to Impose Sanctions on Israel

September 11, 2026

China Pushes Back Against American Allegations of ‘Malicious’ AI Theft

September 11, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Radlett Cricket Club, Radlett pitch history and T20 records

June 6, 2023

South Carolina Busts Illegal‑Immigrant Hiring Network; Managers Charged After Factory Raid

June 7, 2026

Man Who Stormed Capitol While Free On Attempted Murder Charge Gets Over 3 Years In Prison For Riot

July 11, 2023

Marco Rubio Denies Upcoming Visit To Vatican Is To Smooth Over Trump’s Tensions With Pope

May 6, 2026
Don't Miss

‘There’s Three Good Teams at the Top and Then Nothing’

Sports September 12, 2026

Nick Saban no longer coaches in the SEC, but he works for the conference’s broadcast…

China-Philippine Feud over South China Sea Escalates

September 12, 2026

Karmelo Anthony’s Alleged Racist and Homophobic Texts Exposed

September 12, 2026

Trump Ends Convention With The Weirdest Pledge You’ll Ever Hear

September 12, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,799)
  • Finance (4,950)
  • Health (2,862)
  • Lifestyle (1,931)
  • Politics (4,567)
  • Sports (5,255)
  • Tech (2,661)
  • Uncategorized (4)
  • World (7,006)
Our Picks

Disney, Other Major Studios Pull Ads from X Following Antisemitism Controversy

November 19, 2023

Ukraine, West Can Make Russia’s “Defeat Irreversible” This Year: Zelensky

May 14, 2023

Broadway Star Chris Peluso Dies At 40

August 18, 2023
Popular Posts

‘There’s Three Good Teams at the Top and Then Nothing’

September 12, 2026

China-Philippine Feud over South China Sea Escalates

September 12, 2026

Karmelo Anthony’s Alleged Racist and Homophobic Texts Exposed

September 12, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.