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Why is Hercules Hoists Limited (505720) rising ✌️【Recruitment Platform】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. The fresh curbs, the culmination of years of attempts to block China from gaining ground in its military and industrial leadership efforts, are expected to further inflame tensions between Washington and Beijing ahead of the inauguration of President-elect Donald Trump next week. They’ve also triggered intense criticism from US tech giants like Nvidia and Oracle.

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Why is Hercules Hoists Limited (505720) rising ✌️【Recruitment Platform】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. The global export framework, announced Monday, creates three tiers of countries for exports of advanced AI chips and technology. There are no new restrictions for partners and allies like Australia, Japan, South Korea and Taiwan.

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“We hope that the next administration takes full advantage of those 120 days to listen to experts, industry, industry players, partner countries,” Raimondo said. “I fully expect the next administration may make changes as a result of that input.”

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“We believe we’re in a critical window right now, particularly vis-a-vis China,” one official said. “Every minute counts from our perspective.”

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Why is Hercules Hoists Limited (505720) rising ✌️【Recruitment Platform】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. Tech giants Nvidia, the world’s largest provider of processors that power AI, and Oracle as well as an influential semiconductor industry group blasted the newest restrictions, accusing the Biden administration of bureaucratic overreach and saying they would harm US competitiveness.

In a blog post published on Monday, Ned Finkle, Nvidia’s vice president of government affairs, wrote the adoption of AI around the world fuels growth and opportunity for industries at home and abroad.

“That global progress is now in jeopardy. The Biden Administration now seeks to restrict access to mainstream computing applications with its unprecedented and misguided ‘AI Diffusion’ rule which threatens to derail innovation and economic growth worldwide,” he wrote.

“While cloaked in the guise of an ‘anti-China’ measure, these rules would do nothing to enhance US security,” he added.

Oracle Executive Vice President Ken Glueckwrote last weekthe rule “does more to achieve extreme regulatory overreach than protect US interests and those of our partners and allies.”

“It practically enshrines the law of intended consequences and will cost the US critical technology leadership,” he said.

Last week, the Washington-based Semiconductor Industry Association said it was “deeply concerned by the unprecedented scope and complexity of this potential regulation, which was developed without industry input and could significantly undercut US leadership and competitiveness in semiconductor technology and advanced AI systems.”

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