China's $38 Billion Chipmaking Tool Purchases Highlight Policy Failures

Reported 1 day ago

A bipartisan investigation reveals that China's chipmakers spent $38 billion on U.S. and allied chipmaking tools, suggesting that efforts by the U.S. and allies to limit China's chip manufacturing capabilities are falling short. Inconsistencies in export regulations among the U.S., Japan, and the Netherlands have allowed certain Chinese firms to acquire advanced equipment, increasing China's competitiveness in semiconductor production. Lawmakers now call for stricter bans on tool sales to China to address national security concerns.

Source: YAHOO

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