The Biden administration is considering additional restrictions on China's access to advanced semiconductor technology.

Key technologies under potential restriction include the 'Gate All-Around' (GAA) processor architecture and High-Bandwidth Memory (HBM).

The goal of these restrictions is to prevent the transfer of crucial AI technology to China, citing national security concerns.

Major semiconductor companies like Nvidia, Intel, AMD, and TSMC are preparing to mass-produce GAA chips.

The US seeks to limit China's technological and military advancements through these measures.

Both US and its allies are contemplating similar export control actions.

Nvidia and Intel have not commented on the potential embargo.

U.S. Commerce Secretary Raimondo highlights the urgency of implementing these measures before the upcoming presidential election.

US semiconductor stocks have shown mixed performance in response to the news.