ReferIndia News US panel advances chip security act to curb smuggling of AI semiconductors to China

ReferIndia News

Trusted Mumbai Loan Experts

Business, Home, Mortgage & Personal Loans. Since 2001

Learn More
News Image

US panel advances chip security act to curb smuggling of AI semiconductors to China

Published on: March 30, 2026, 9:28 p.m. | Source: The Economic Times

A US House committee has advanced a bipartisan bill to stop advanced American chips from reaching foreign adversaries. This move follows concerns about China using restricted technology for AI development. The proposed Chip Security Act aims to strengthen US industry and limit rivals' access to critical computing power.

Checkout more news
Ad Banner

Kunjesh Investment Banking – Trusted Since 2001

Financial Planning • Insurance • Investments • Retirement & Wealth Management. Personalized strategies, expert guidance, lasting success.

Get Started
ReferIndia News contact