
US prepares new rules on investment in technology abroad
Published on March 6, 2023
The United States Treasury Department is preparing to finalize a new list of rules that may prohibit US investment in specific sectors of ‘adversarial nations.’ The rules are notably being drafted shortly after the US imposed severe controls on semiconductor exports to China.
The Biden administration’s new investment program is expected to target private equity and venture capital investments in advanced semiconductors and supercomputing, as well as ‘some forms of artificial intelligence.’ Previous reporting indicates the administration’s primary target with these new rules is Chinese research and development in emerging technologies like AI.
