Reported about 11 hours ago
The US has lifted restrictions on chip design software exports to China following a recent trade agreement aimed at reducing tensions between the two countries. Major companies like Synopsys, Cadence, and Siemens have confirmed the export curbs, which were enacted in May as retaliation for China's trade policies, have been rescinded. This agreement also involves the US easing export controls on ethane and jet engines in exchange for China's commitment to expedite rare earth exports to the US. The move marks a significant step in the efforts to stabilize economic relations amid ongoing trade disputes.
Source: YAHOO