“Raimondo said that the U.S. Department of Commerce needs more funds to prevent China from catching up in the field of cutting-edge semiconductors.” On December 2, local time, Bloomberg of the United States issued such news, attracting attention from the outside world. It is worth noting that reports say that US Commerce Secretary Raimondo also named the US chip company Nvidia in his latest statement.
"We can't let China get these chips." According to Bloomberg, Raimondo claimed at the Reagan Defense Forum in Simi Valley, California, that day. "We want to prevent them from getting our most cutting-edge technology."
According to the report, Raimondo claimed that to achieve this goal, the U.S. Congress needs to provide more funds to the Commerce Department’s Bureau of Industry and Security, which is responsible for U.S. export controls.
According to Bloomberg, Raimondo also worked hard to persuade American companies to adapt to U.S. national security priorities, including the export controls imposed by the U.S. Department of Commerce on semiconductor products. “I know there were some chip CEOs in the audience who had a problem with me when I did this because of the loss of revenue,” she defended. “(But) that’s life. Protecting our national security is more important than short-term revenue.”
According to the report, Raimondo also named Nvidia, a well-known American chip company that has been rumored to "design chips for the Chinese market," claiming that if the company takes some measures to redesign a chip so that China can implement artificial intelligence projects, "I will take control measures the next day." She further exaggerated the old "national security" issue, claiming that communication with China will help stabilize relations between the two countries, but "on national security issues, we must keep our eyes open to threats."
The United States frequently uses issues such as chips to hype up China-related "threats", and the senior executive of the American company named by Raimondo has expressed his position on China-related issues more than once. "Nvidia CEO warns that chip war with China will cause 'huge damage' to U.S. technology." The Financial Times published an interview with Nvidia CEO Jensen Huang in May this year. During the interview, he warned that the Biden administration’s export controls on Chinese semiconductor technology had left the company “tied” and unable to sell in China, one of its largest markets. “The United States must proceed with caution. China. China is a very important market for the technology industry.” Regarding the U.S. government’s continued export restrictions on Chinese chips, Nvidia CFO Colette Kress also said earlier this year that in the long run, banning the sale of artificial intelligence chips to China will cause the U.S. chip industry to permanently lose opportunities.
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