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China wants US to ease AI chip restrictions before possible Trump-Xi summit

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China wants US to ease AI chip restrictions before possible Trump-Xi summit

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China seeks eased US export controls on AI-critical chips as part of a potential trade deal preceding a possible Trump-Xi summit. Beijing reportedly wants relaxed restrictions on high-bandwidth memory (HBM) chips, crucial for AI tasks and used with graphic processors like Nvidia's. China's concern stems from the US controls hindering Chinese companies, including Huawei, from developing their own AI chips. While impacting US chipmakers' access to the Chinese market, the controls aim to curb China's AI and defense advancements.

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