Third Crackdown in 3 Years on China’s Chip Industry | Business Matters (Dec. 2)

Don Ma
By Don Ma
December 2, 2024Business Matters
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The United States on Monday launched its third crackdown in three years on China’s semiconductor industry. The Commerce Department is curbing exports to 140 companies including chip equipment makers and chip toolmakers. The move includes curbs on China-bound shipments of high bandwidth memory chips, critical for high-end applications like AI training.