U.S. Tightens Grip: Inspur Group Subsidiaries Hit with Export Restrictions

The U.S. Department of Commerce has placed six subsidiaries of China's Inspur Group on its export restriction list due to their involvement in developing military supercomputers. The move underscores tightening American measures against companies contributing to China's technological advancements.

The U.S. Department of Commerce has expanded its export restriction list, including six subsidiaries of the Chinese tech giant, Inspur Group. This decision follows allegations that these subsidiaries participated in developing advanced military supercomputers.

Five of the listed subsidiaries are situated in China, while one operates in Taiwan. The move came as part of a broader U.S. strategy to curb technological advances that pose national security risks.

Major industry players like AMD and Nvidia are now facing scrutiny regarding their interactions with Inspur. The ramifications of these restrictions extend beyond Inspur, affecting approximately 80 other companies worldwide, with half based in China.

(With inputs from agencies.)