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Chip wars as US and China compete for technological advantage

Biden Holds Virtual Meeting With Business And Labor Leaders On Chips Act
Photo: Anna Moneymaker/Getty Images

How US export controls have led efforts to restrict the growth of China’s advanced technology base, particularly in relation to AI.

Semiconductors are increasingly a part of everyday life, from consumer electronics such as smartphones, laptops, cars, televisions and washing machines, to financial, business and communications infrastructure such as ATMs, payments and banking services, the internet and advanced computing. The latest generation of chips plays a vital role in the development