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The U.S. is set to impose new export restrictions on China's semiconductor industry, targeting 140 companies, including key chip toolmakers like Naura Technology Group and Piotech. This crackdown aims to hinder China's chipmaking capabilities, particularly in advanced memory chips and AI applications, as the Biden administration seeks to bolster national security ahead of the upcoming Trump administration. The measures will also affect foreign manufacturers, expanding U.S. control over chipmaking equipment exports to China.
ASM International NV reported a 30% increase in orders for the third quarter, reaching €815.3 million ($881 million), driven by the surge in demand for advanced chipmaking tools amid the artificial intelligence boom. This figure surpassed analysts' average estimate of €768 million.
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07:01 02.12.2024
asm orders surge 30 percent driven by artificial intelligence demand
18:22 29.10.2024
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