US imposes new export restrictions on China targeting semiconductor ambitions, impacting chip toolmakers and key players

From Nasdaq: 2024-12-02 16:25:55

The United States has imposed new export restrictions targeting China’s semiconductor ambitions, adding 140 firms to the Entity List, including chip toolmakers and key players in China’s chip supply chain. U.S. semiconductor equipment firms like Lam Research, KLA, and Applied Materials face stricter controls, aiming to prevent China from leveraging semiconductor advances for military purposes.

The restrictions also target HBM technology critical for AI chips, impacting companies like Samsung Electronics. Analysts expect these measures to complicate operations for Chinese firms like SMIC. The broader implications highlight ongoing trade tensions as the U.S. and allies tighten control over chip technology exports, potentially deepening the divide between China and Western tech leaders.



Read more at Nasdaq: U.S. Strengthens Chip Curbs on China, Targets Memory and Equipment Exports