39 Need more sauce on this -> New Biden admin policy will crush the semiconductor industry. Biden has forced all Americans working in China to pick between quitting their jobs or losing American citizenship. Every American working in China’s semiconductor manufacturing industry resigned yesterday. (nitter.net) posted 2 years ago by Morpheus11 2 years ago by Morpheus11 +39 / -0 Jordan Schneider (@jordanschnyc) THREAD: The US government's new export controls are wreaking havoc on China's chip industry. New rules around "US persons" are driving an "industry-wide decapitation." 8 comments share 8 comments share save hide report block hide replies
Here's a source from CNBC: https://www.cnbc.com/2022/10/12/us-chip-export-restrictions-could-hobble-chinas-semiconductor-goals.html
I'm not sure what the ramifications of this are as Taiwan produces a ton of semiconductor chips, but presumably this would wreak havoc in all things computer-related.