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foreign [Music] heating up the U.S revealing new rules to curb beijings chip access thats expanding on the Chips Act passed last year but not all parties are convinced South Korea noting the rules wont Force companies to close their China facilities Beijing taking matters into its own hands with officials unveiling their own set of rules and one company finding ways to play Both Sides welcome to China InFocus Im Tiffany Meyer chip Wars between the U.S and China continue semiconductors or microchips are what power our modern way of life from our phones to computers to open ais chat GPT and the U.S is making sure China doesnt get a leg up the Commerce department on Tuesday proposing new rules to limit the amount of chips ending up in the hands of adversarial countries like China Thats following the Chips Act passed last August that put aside a 52 billion dollars to Advance Americas chip capacity from research and development to manufacturing the new rule includes a one hundred
