Home > On the Record > The US takes Russia’s chips off the table
U.S. chip sanctions against Russia will impact the sector, dbt raises a huge funding round for its data tools and where the best and brightest in enterprise tech are headed next.
The White House said Thursday that it planned to choke off Russian access to a range of U.S. tech, including semiconductors, as part of the economic sanctions package proposed in response to the invasion of Ukraine.
We’ve seen a blueprint of how the U.S. might implement such sanctions with the Trump administration’s efforts to thwart Huawei and other Chinese tech companies. But the U.S. had more to lose in dealing with China, and its aggressive batch of fresh economic punishments against Russia cover financial systems and the country’s access to tech.
