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US Will Tighten Curbs on China’s Access to Advanced Chip Tech
The Biden administration will tighten sweeping measures announced last October to restrict China’s access to advanced semiconductors and chipmaking gear, as the US seeks to prevent its geopolitical rival from developing cutting-edge tech that could lend a military edge. The new rules aim to refine and close loopholes from last year’s curbs, according to people familiar with the matter. The Biden administration will add Chinese chip design firms to a trade restriction list, forcing overseas manufacturers to gain a US license to fill orders from those companies, as well as strengthen controls on selling advanced ... (full story)