The U.S.-China Chip Ban, Explained

It has now been over a month since the U.S. Commerce Department issued new rules that clamped down on the export of certain advanced chips—which have military or AI applications—to Chinese customers. China has yet to respond—but Beijing has multiple options in its arsenal. It’s unlikely, experts say, that the U.S. actions will be the last fighting word in an industry that is becoming more geopolitically sensitive by the day.