US Imposes New Export Restrictions on China's Semiconductor Industry

Reported 2 days ago

The U.S. is initiating its third crackdown on China's semiconductor industry, restricting exports to 140 companies, including significant chip equipment makers such as Naura Technology Group. This new package aims to undermine China's ability to access advanced chips and production tools, particularly impacting firms involved in AI technologies, and introduces further limitations on shipments of critical components and specialized equipment. The U.S. extends its reach to non-American companies and allies, with the objective of stifling China's ambitions in semiconductor manufacturing.

Source: YAHOO

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