US Commerce Secretary Says Any AI Chips Designed To Circumvent Restrictions On China Will Be Banned The Very Next Day
US Commerce Secretary believes they need to adopt "more strict" implementations to thwart AI chips sales & semiconductor development in China.
At the Reagan National Defense Forum, US Commerce Secretary Gina Raimondo claimed that her department needed higher financial resources to restrict China's "rapidly growing" semiconductor markets, vowing to deny the hostile nation with "cutting-edge" technology. The official believes that her department is limited by a lack of financing from Congress, which is why they haven't seen harsher impacts on Chinese markets.
We cannot let China get these chips. Period. We’re going to deny them our most cutting-edge technology. I have a $200 million budget. That’s like the cost of a few fighter jets.
Come on, If we’re serious, let’s go fund this operation like it needs to be funded.
- US Commerce Secretary Gina Raimondo
Apart from government financing, Raimondo has also questioned the approach of American companies, when it comes to prioritizing US national security over the company's business. She says that while firms like NVIDIA and Intel could witness a drop in revenue, they should pick out a side. The statement by the official means that the US Government has put everything behind, and is now moving towards doing everything it can to, restrict the progression of Chinese markets, and counter their growing influence.
I know there are CEOs of chip companies in this audience who were a little cranky with me when I did that because you’re losing revenue. Such is life. Protecting our national security matters more than short-term revenue.
- US Commerce Secretary Gina Raimondo
Another interesting statement made by the Commerce Secretary was how she sees NVIDIA's approach of offering cut-down
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