U.S. imposes export restrictions on China’s semiconductor industry, targeting 140 companies and advanced tech access.

The U.S. has imposed new export restrictions on China's semiconductor industry, targeting 140 Chinese companies and limiting access to advanced chip-making technology and AI memory. The move, effective December 31, aims to prevent China from using the technology to advance its military capabilities and maintain U.S. technological dominance. China strongly opposed the measures, calling them economic coercion and warning of potential disruptions to global supply chains.

December 02, 2024
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