TLDR: SAFE CHIPS Act aims to block China’s access to AI chips for 2.5 years. Bill restricts AI chip exports to China, Russia, Iran, and North Korea. Senators Ricketts and Coons push to stop China’s military tech growth. Critics warn of China gaining military edge with advanced AI chips. Bill counters Trump administration’s proposed easing [...] The post U.S Senators Proposed a Bill to Restrict China’s Access to AI Chips appeared first on CoinCentral.TLDR: SAFE CHIPS Act aims to block China’s access to AI chips for 2.5 years. Bill restricts AI chip exports to China, Russia, Iran, and North Korea. Senators Ricketts and Coons push to stop China’s military tech growth. Critics warn of China gaining military edge with advanced AI chips. Bill counters Trump administration’s proposed easing [...] The post U.S Senators Proposed a Bill to Restrict China’s Access to AI Chips appeared first on CoinCentral.

U.S Senators Proposed a Bill to Restrict China’s Access to AI Chips

2025/12/05 11:31
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

TLDR:

  • SAFE CHIPS Act aims to block China’s access to AI chips for 2.5 years.
  • Bill restricts AI chip exports to China, Russia, Iran, and North Korea.
  • Senators Ricketts and Coons push to stop China’s military tech growth.
  • Critics warn of China gaining military edge with advanced AI chips.
  • Bill counters Trump administration’s proposed easing of chip restrictions.

A bipartisan group of U.S. senators has introduced a bill aimed at preventing China from accessing advanced artificial intelligence (AI) chips. The legislation, named the SAFE CHIPS Act, seeks to restrict China’s ability to obtain AI chips from American companies like Nvidia and AMD for 2.5 years. The bill is a response to concerns over national security and the potential use of these AI chips by China for military and surveillance purposes.

The bill is co-sponsored by Republican Senator Pete Ricketts and Democrat Chris Coons. It mandates that the U.S. Commerce Department deny export licenses for AI chips to China, Russia, Iran, and North Korea. These countries would be blocked from purchasing chips that are more advanced than those they are currently allowed to acquire. After the 30-month period, the Commerce Department would have to brief Congress about any proposed rule changes one month before they take effect.

Preventing the Loosening of AI Chip Restrictions

The SAFE CHIPS Act comes at a time when the Trump administration is considering relaxing restrictions on the export of Nvidia’s H200 AI chips to China. This move has raised alarms among U.S. lawmakers, particularly those critical of China’s growing military capabilities. Critics argue that providing China with these advanced AI chips could accelerate its ability to build AI-powered weapons and surveillance systems, increasing the threat to U.S. national security.

The bill represents a rare effort by Republicans, including prominent China hawk Senator Tom Cotton, to block Trump administration policies. It highlights growing concerns over the risks of weakening U.S. export controls. While Trump’s administration previously rolled back curbs on Nvidia’s H200 chips, the new bill seeks to maintain tight control over advanced AI chip exports, aiming to prevent China from further advancing its technological and military prowess.

The legislation’s introduction reflects the ongoing tensions between the U.S. and China over technology exports. China’s push for self-sufficiency in high-tech industries, including AI, has prompted the U.S. to act more decisively. U.S. officials worry that selling cutting-edge AI chips to China will only accelerate its technological decoupling from the U.S., making it harder for the West to contain China’s rising influence in global technology and security.

The post U.S Senators Proposed a Bill to Restrict China’s Access to AI Chips appeared first on CoinCentral.

Market Opportunity
Union Logo
Union Price(U)
$0.0008401
$0.0008401$0.0008401
-5.77%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Launches Cross-Border QR Code Payment Trial

China Launches Cross-Border QR Code Payment Trial

The post China Launches Cross-Border QR Code Payment Trial appeared on BitcoinEthereumNews.com. Key Points: Main event involves China initiating a cross-border QR code payment trial. Alipay and Ant International are key participants. Impact on financial security and regulatory focus on illicit finance. China’s central bank, led by Deputy Governor Lu Lei, initiated a trial of a unified cross-border QR code payment gateway with Alipay and Ant International as participants. This pilot addresses cross-border fund risks, aiming to enhance financial security amid rising money laundering through digital channels, despite muted crypto market reactions. China’s Cross-Border Payment Gateway Trial with Alipay The trial operation of a unified cross-border QR code payment gateway marks a milestone in China’s financial landscape. Prominent entities such as Alipay and Ant International are at the forefront, participating as the initial institutions in this venture. Lu Lei, Deputy Governor of the People’s Bank of China, highlighted the systemic risks posed by increased cross-border fund flows. Changes are expected in the dynamics of digital transactions, potentially enhancing transaction efficiency while tightening regulations around illicit finance. The initiative underscores China’s commitment to bolstering financial security amidst growing global fund movements. “The scale of cross-border fund flows is expanding, and the frequency is accelerating, providing opportunities for risks such as cross-border money laundering and terrorist financing. Some overseas illegal platforms transfer funds through channels such as virtual currencies and underground banks, creating a ‘resonance’ of risks at home and abroad, posing a challenge to China’s foreign exchange management and financial security.” — Lu Lei, Deputy Governor, People’s Bank of China Bitcoin and Impact of China’s Financial Initiatives Did you know? China’s latest initiative echoes the Payment Connect project of June 2025, furthering real-time cross-boundary remittances and expanding its influence on global financial systems. As of September 17, 2025, Bitcoin (BTC) stands at $115,748.72 with a market cap of $2.31 trillion, showing a 0.97%…
Share
BitcoinEthereumNews2025/09/18 05:28
Bank of England keeps interest rate steady at 4% as expected

Bank of England keeps interest rate steady at 4% as expected

The post Bank of England keeps interest rate steady at 4% as expected appeared on BitcoinEthereumNews.com. The Bank of England (BoE) left its benchmark interest rate unchanged at 4%, following the conclusion of the September monetary policy meeting on Thursday. The rate decision aligned with the market expectations. The voting composition showed the expected 7-2 split on the Monetary Policy Committee (MPC), with two members, Dhingra and Taylor, voting in favor of a 25 basis points (bps) cut. Follow our live coverage of the BoE policy announcements and the market reaction. Key takeaways from BoE Monetary Policy Statement BoE policymaker Pill voted to maintain QT pace at 100 bln Pound Sterling (stg). BoE policymakers vote 7-2 to slow quantitative tightening pace to 70 bln stg a year from 100 bln stg. BoE policymaker Mann voted to slow QT pace to 62 bln stg. To hold two 775 mln stg short-dated gilt auctions, two 750 mln stg medium-dated gilt auctions and one 550 mln stg long-dated gilts auction in Q4 2025. 2025/26 gilt sales will be split 40:40:20 between short-, medium- and long-maturity buckets in initial proceed terms (2024/25 had equal split) “We’re not out of the woods yet so any future rate cuts will need to be made gradually and carefully” New AT target means MPC can continue to reduce size of balance sheet while continuing to minimise impact on gilt market “A gradual and careful approach to the further withdrawal of monetary policy restraint remains appropriate”. Keeps phrase: monetary policy not on pre-set path. UK CPI forecast to peak at 4% in September 2025 (August forecast to peak at 4% in Sept). Staff forecast Q3 GDP to increase by around 0.4% QoQ (August forecast: Q3 +0.3%). Rise in firms’ social security contributions appears to be delaying the reduction in total labour costs growth until 2026. Impact of US tariff rates on the world economy could…
Share
BitcoinEthereumNews2025/09/18 23:20
XAU/USD declines sharply to near $4,400 as Middle East fears revive

XAU/USD declines sharply to near $4,400 as Middle East fears revive

The post XAU/USD declines sharply to near $4,400 as Middle East fears revive appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) is down 2% to near $4,410
Share
BitcoinEthereumNews2026/03/26 19:16