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us imposes new export restrictions on china's semiconductor industry
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.
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