U.S. chip bans not meant to hobble China's growth, Blinken says

Antony Blinken News

U.S. chip bans not meant to hobble China's growth, Blinken says
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U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State...

- U.S. export controls on sending advanced computing chips to China are not meant to hold back China 's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday.

But U.S. officials have granted at least two U.S. companies - Intel and Qualcomm - licenses to keep shipping chips to Huawei, which is using an Intel chip to power a new laptop model. Two Republican lawmakers earlier this week criticized the exemption for Intel, but in the interview with NPR, Blinken highlighted the device as a sign the U.S. was not trying to hobble China.

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