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Chronicles

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Sources: Chinese officials have urged the Trump administration to relax HBM chip export controls during trade talks, after the Biden administration ban in 2024

Experts warn dropping restrictions would give Beijing a competitive advantage in artificial intelligence

Financial Times Demetri Sevastopulo

Context & Ripple Effects

The request puts HBM controls inside a broader review of Biden-era AI-chip policy: the administration was already reported to be reconsidering the prior AI export-rule framework, while an earlier rule gave close allies broader access and subjected China to licensing requirements.

It also extends a long-running contest over whether restrictions on advanced chips can constrain China’s AI capacity. Earlier coverage described the severe pressure that chip and chipmaking controls placed on China’s semiconductor and AI ambitions after the initial US export-control push.

First-order effects

  • HBM becomes an explicit bargaining item in US-China trade talks, placing the Trump administration’s stance toward the 2024 restriction under immediate scrutiny.
  • Chinese AI and semiconductor players gain a potential route to improved access to a key AI-hardware input if Washington relaxes the rule; until then, the reported request itself does not alter availability.

Second-order effects

  • Any HBM concession would force US policymakers to reconcile it with the wider redesign of AI-chip export rules, rather than treating memory controls as a standalone measure.
  • A relaxation could shift competitive pressure toward other constraints in the AI hardware stack, while preserving incentives for Beijing to seek leverage through its own chip and AI-control policies.

Third-order effects

  • The episode suggests export controls are increasingly negotiated alongside trade terms, potentially making access to AI infrastructure less predictable than a purely security-led regime.
  • If both governments continue pairing restrictions with industrial-policy goals, compute supply chains may become more segmented and state-directed—even where individual controls are eased.

The trend: AI hardware controls are evolving from fixed national-security restrictions into bargaining tools within a broader competition for strategic compute access.

Discussion

  • @jukanlosreve Jukan on x
    ‘But people familiar with the matter said China is much more worried about HBM controls because they seriously constrain the ability of Chinese companies, including Huawei, to develop their own AI chips.’ Of course. Without high-performance HBM from Korea or the United States, [i…
  • @rwang07 Ray Wang on x
    China is likely asking the lift of HBM3 export control (if not more advanced).
  • r/hardware r on reddit
    China wants US to relax export controls on chips as part of trade deal
  • r/China r on reddit
    US licenses Nvidia to export chips to China after CEO meets Trump.  Jensen Huang personally lobbied president after he reversed course on sale of H20 chips.