US restrictions on AI-chips to China won't raise consumer tech prices

Posted on AllSides October 18th, 2023
From The Center

The newly imposed U.S. restrictions on the export of certain advanced artificial intelligence (AI) chips to China are not expected to drive up prices for consumer tech products stateside, but they are expected to stifle Chinese innovation. The U.S. government rolled out the "Interim Final Rule (IFR)" on Tuesday, tightening export controls on high-performance integrated circuits to China amidst an ongoing tech cold war. The rule primarily targets high-performance chips, the likes of which are integral in AI and military applications. Notably, chips used in consumer products like game consoles...

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