US Lifts Chip Software Export Restrictions on China, Allowing Major Companies to Resume Business

Reported about 13 hours ago

U.S. chip design software companies Synopsys and Cadence have announced the lifting of export restrictions to China, following a resolution of a dispute over rare earth materials. The companies will restore access to their software and services for Chinese clients, while Siemens also received similar notifications. This development comes after ongoing tensions, including prior trade restrictions impacting various sectors, and aims to stabilize supply chains and trade relations between the U.S. and China.

Source: YAHOO

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