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via pbs.orgPolitics

US Treasury proposes rule to curb high-tech investments in China

FROM THE WIRE · PBS.ORG

The U.S. Treasury Department proposed a rule Thursday to crack down on American high-tech investments such as supercomputing and artificial intelligence in China, Russia, North Korea and other “countries of concern."

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralCurbs on AI and supercomputing investment can weigh on the semiconductor sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The US Treasury proposed a rule on Thursday.
  2. 02The rule covers investments in supercomputing and artificial intelligence.
  3. 03It targets China, Russia, North Korea and other countries of concern.

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