The Treasury Department is moving to close gaps on U.S. investment flowing into China’s tech sector left unaddressed by Congress and earlier actions by the Biden administration.
A proposal issued late last month would outright prohibit investment by U.S. citizens and residents in specific technologies within artificial intelligence, quantum computing, and semiconductor manufacturing that officials say must be addressed.
The bans include outlays for design automation software and fabrication of certain high-end semiconductors. The proposal would bar investments in development and production of quantum computers and their critical components, as well as quantum sensing and certain communications platforms. And it aims to stop U.S. capital from flowing into artificial intelligence systems with national security end uses, as well as those that require a certain threshold level of computing power or are trained using biological sequence data.
