The Biden administration is considering new regulations to limit China’s access to chips that could be used for the development of AI and military technology. Under these new regulations, manufacturers such as US-based Nvidia would face more difficulty in exporting processors to China. To circumvent an earlier set of export controls from October, which capped the processing and communication speeds of exportable chips, US chip manufacturers have been producing slower versions of their most advanced chips solely for export to the Chinese market—these slower chips are said to be the target of impending regulations. Chinese companies have been increasing their orders for US-made chips this year amidst the AI explosion, and many are devising ways to bypass regulations. The current export controls prohibit most chips made by equipment and personnel from the US from being sold to China. President Biden is also reportedly preparing an executive order that would screen future US funds bound for China to prevent US investors from aiding the Chinese military.