Chip Shot: Despite Asian Dominance, China's Advancement, US Aims to Be Semiconductor Powerhouse
2 years, 4 months ago

Chip Shot: Despite Asian Dominance, China's Advancement, US Aims to Be Semiconductor Powerhouse

News 18  

While the COVID-19 pandemic and international trade disputes put pressure on the industry’s supply of semiconductors, as well as value chains, the competition between the United States and Asia, particularly China, for technological dominance is now taking a new turn. Tech Insights’ latest analysis report has highlighted that according to the investigation of a MinerVa Bitcoin mining chip, SMIC has built a 7-nanometer chip utilising a manufacturing technique that was a reasonable replica of a comparable method employed by Taiwan Semiconductor Manufacturing Company. Asian Dominance In terms of the latest revelation regarding China’s advanced chipmaking technology, David P. Goldman, an American economist stated on Twitter that though according to Tech Insights’ analysis “SMIC’s 7nm chip is a ‘low-volume production’ item that ‘may be the stepping stone for a true 7nm process”, it is “still a breakthrough”. Pankaj Garg, CEO and Founder of DailyObjects told News18: “For many decades, the US has been a leader in the chips industry by controlling the majority of the market and the recent developments with SMIC’s 7nm technology node have triggered the US to tighten chips export controls with stricter licensing policies aimed at Chinese entities.” According to Garg: “Post Covid, as the industries and markets are recovering and the demand for chips is skyrocketing, such sanctions and international trade disputes are straining the industry’s supply of chips, critical for growth in numerous sectors. At present, Taiwan, China, and South Korea produce a majority of the world’s chips due to their 25-40% lower manufacturing costs, while the US’s share of semiconductor manufacturing has dropped from 40% to 12% in three decades.

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History of this topic

America’s chip war with China will spread
2 days, 2 hours ago

America’s chip war with China will spread

Live Mint  

In the continuing chip war between Washington and Beijing, the U.S. has the clear upper hand on the most cutting-edge technology. Even as U.S. export restrictions have stymied China’s progress in advanced chips, Beijing has been aggressively expanding production of more mature, so-called legacy chips. But much also comes from Chinese companies such as Semiconductor Manufacturing International, or SMIC, and …

Unified stance against latest US crackdown
2 weeks, 5 days ago

Unified stance against latest US crackdown

China Daily  

By CHENG YU | CHINA DAILY | Updated: 2024-12-05 07:45 Technicians work in the workshop of optical chips at a chip company in Quanzhou, Fujian province on Feb 23, 2023. The United States' third crackdown on China's semiconductor industry in three years will have "limited" impact on Chinese companies and only accelerate the self-reliance of the world's most crucial chip …

Unified stance against latest US crackdown
2 weeks, 5 days ago

Unified stance against latest US crackdown

China Daily  

Technicians work in the workshop of optical chips at a chip company in Quanzhou, Fujian province on Feb 23, 2023. The United States' third crackdown on China's semiconductor industry in three years will have "limited" impact on Chinese companies and only accelerate the self-reliance of the world's most crucial chip application market, the largest consumer of automobiles and the single …

US chips 'highly unsafe, easy to hack', say Chinese industry bodies to tech companies, advises to buy local
Trending News
2 weeks, 6 days ago

US chips 'highly unsafe, easy to hack', say Chinese industry bodies to tech companies, advises to buy local

Firstpost  

In a rare coordinated response to escalating US restrictions on China’s semiconductor sector, four of China’s top trade associations claimed American chips are “no longer safe or reliable.” Beijing has also responded to US’ recent actions by banning the export of several critical minerals The call to reduce reliance on American chips could affect major US firms like Nvidia, AMD, …

The US Just Made It Way Harder for China to Build Its Own AI Chips
3 weeks, 1 day ago

The US Just Made It Way Harder for China to Build Its Own AI Chips

Wired  

The US Department of Commerce introduced a sweeping package of export controls on Monday designed to weaken China’s domestic semiconductor ecosystem and undermine the country’s ability to manufacture advanced chips locally. The new regulations prevent China from accessing 24 types of chip-manufacturing equipment and three software programs, and place restrictions on the sale to China of high-bandwidth memory, or HBM, …

AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology
3 weeks, 1 day ago

AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong/Washington CNN — The Chinese government has slammed America’s introduction of fresh export controls on US-made semiconductors that Washington fears Beijing could use to make the next generation of weapons and artificial …

US unleashes another crackdown on China’s chip industry
3 weeks, 1 day ago

US unleashes another crackdown on China’s chip industry

Al Jazeera  

The move is President Joe Biden’s administration’s last large-scale effort to stymie China’s ability to access and produce chips. The United States has launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. The latest effort on Monday to hobble Beijing’s chipmaking ambitions also …

Impending chip moves expose US hypocrisy again
Top News
4 weeks ago

Impending chip moves expose US hypocrisy again

China Daily  

A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, if taken, show the Biden administration is plowing ahead with …

Impending chip moves expose US hypocrisy again
Top News
4 weeks ago

Impending chip moves expose US hypocrisy again

China Daily  

A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, if taken, show the Biden administration is plowing ahead with …

Impending chip moves expose US hypocrisy again
Trending News
4 weeks ago

Impending chip moves expose US hypocrisy again

China Daily  

By LI YANG | China Daily | Updated: 2024-11-26 08:07 A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, …

Fearing Donald Trump’s sanctions, Chinese AI businesses scramble to stockpile US chips
1 month ago

Fearing Donald Trump’s sanctions, Chinese AI businesses scramble to stockpile US chips

Firstpost  

China’s purchases of American semiconductors soared to $1.11 billion in October, a 60 per cent increase compared to the same period last year. Between January and October, chip imports from the US totalled $9.61 billion Trump’s return to the presidency has reignited concerns in China about expanded sanctions targeting its tech industry. Recent customs data reveals that China’s purchases of …

The changing pecking order in semiconductors
1 month, 1 week ago

The changing pecking order in semiconductors

Live Mint  

NEW DELHI : Last week, Nvidia Corp., the world's largest artificial intelligence chipmaker, replaced Intel Corp., best known for computer processors, in the 30-share American benchmark share index. Nvidia's market value jumped from about $81 billion at the end of 2018 to $3.6 trillion now, making it the world’s most-valued company, ahead of Apple Inc., Microsoft Corp. and Google Llc. …

When the chips are down: A US-China trade war?
1 month, 1 week ago

When the chips are down: A US-China trade war?

Live Mint  

On Monday, Taiwan Semiconductor Manufacturing Co, the world’s largest chipmaker, was reportedly stopped from shipping advanced ‘AI’ chips to China’s biggest tech conglomerate, Huawei. Since 2019, Huawei has been on a trade restriction list after the US alleged cyber espionage by the company, as well as its seemingly close ties with China’s government. Last month, a tech strip-down found TSMC’s …

India must cash in on chip war
1 month, 1 week ago

India must cash in on chip war

Hindustan Times  

The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The US has tightened its grip on advanced chip sales to China, from restricting Nvidia and AMD’s AI chip sales in 2022 to planning additional controls on about 120 Chinese tech firms. The Biden administration’s sustained pressure …

TSMC Halts Production Of Advanced AI Chips For Chinese Companies Starting November 11: Report
Trending News
1 month, 1 week ago

TSMC Halts Production Of Advanced AI Chips For Chinese Companies Starting November 11: Report

ABP News  

Taiwan Semiconductor Manufacturing Co has reportedly informed Chinese chip design companies that it will halt the production of their most advanced AI chips starting Monday, according to a Financial Times article citing three sources familiar with the situation. TSMC, which holds the title of the world’s largest contract chipmaker, has notified its Chinese clients that it will no longer be …

US Weighs AI Chip Export Caps to Certain Countries
2 months, 1 week ago

US Weighs AI Chip Export Caps to Certain Countries

Bloomberg  

Note to readers: For previous subscribers to Bloomberg's Open and Close newsletters, welcome to the Evening Briefing, our flagship newsletter that brings you the context and analysis you've come to expect from Bloomberg News. US government officials are reviewing its AI chip policy and are discussing a new approach to regulating sensitive technology by setting a ceiling on export licenses …

Amid trade war with West, China buys more chipmaking tools than South Korea, Taiwan & US: Report
3 months, 3 weeks ago

Amid trade war with West, China buys more chipmaking tools than South Korea, Taiwan & US: Report

Firstpost  

China has spent a record $25 billion in buying chipmaking equipment so far this year and is expected to spend $50 billion by the end of the year Amid an escalating trade war with the West, China has emerged as the top buyer of chipmaking tools this year, according to a report. Amid such a conflict, the Semiconductor Equipment and …

The US CHIPS Act, 2 Years Later
4 months ago

The US CHIPS Act, 2 Years Later

The Diplomat  

Chips – the tiny processors that underpin the electronic world – have major geopolitical significance. One measure of long-term success would be if the leading fabrication companies each make repeated investments in new, advanced U.S. facilities – even after the helpful government incentives of the CHIPS Act have run out. As the CHIPS Act’s R&D programs take shape, they should …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 1 week ago

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. LOS ANGELES - Democratic lawmakers from the western US state of California are urging the Biden administration to halt its reported plans of imposing new restrictions on technology exports to China, arguing that a further round of controls "could send longstanding …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 1 week ago

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms

China Daily  

Xinhua | Updated: 2024-08-15 16:37 Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. LOS ANGELES - Democratic lawmakers from the western US state of California are urging the Biden administration to halt its reported plans of imposing new restrictions on technology exports to China, arguing that a further round …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 1 week ago

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. LOS ANGELES - Democratic lawmakers from the western US state of California are urging the Biden administration to halt its reported plans of imposing new restrictions on technology exports to China, arguing that a further round of controls "could send longstanding …

Weakness of US' 'iron chip curtain' exposed: China Daily editorial
4 months, 3 weeks ago

Weakness of US' 'iron chip curtain' exposed: China Daily editorial

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. The Biden administration has employed the provision to ban foreign companies from exporting semiconductor manufacturing equipment and advanced chips that contain US technologies or parts to Chinese companies. The other takeaway from the move is that more and more US allies …

Allies dodging US' tech war draft: China Daily editorial
5 months ago

Allies dodging US' tech war draft: China Daily editorial

China Daily  

The Joe Biden administration is mulling harsh restrictive measures on Tokyo Electron, ASML and other chipmaking and chip equipment manufacturing companies of US allies if they continue to trade with China. On the other hand, with Biden facing tremendous difficulties in his bid for reelection as US president in November, more and more US allies feel they needn't serve in …

Europe seeks industry views on China's older generation chips
5 months, 2 weeks ago

Europe seeks industry views on China's older generation chips

The Hindu  

The European Commission has begun canvassing the region's semiconductor industry for its views on China's expanded production of older generation computer chips, two sources familiar with the matter told Reuters. The Commission's antitrust chief Margrethe Vestager indicated in April the executive might investigate legacy chips after a meeting in Belgium with U.S. officials, including Commerce Secretary Gina Raimundo. For equipment …

US lens on investments to hinder AI, chip sectors
5 months, 4 weeks ago

US lens on investments to hinder AI, chip sectors

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. Washington's latest proposal to restrict and monitor US companies' and individuals' investments in key technologies in China will jeopardize the global artificial intelligence and semiconductor supply chains, and increase the uncertainty of international economic recovery, officials and experts said on Monday. Wei Jianguo, …

US lens on investments to hinder AI, chip sectors
5 months, 4 weeks ago

US lens on investments to hinder AI, chip sectors

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. Washington's latest proposal to restrict and monitor US companies' and individuals' investments in key technologies in China will jeopardize the global artificial intelligence and semiconductor supply chains, and increase the uncertainty of international economic recovery, officials and experts said on Monday. Wei Jianguo, …

Selling damaging US chip move no easy task: China Daily editorial
6 months ago

Selling damaging US chip move no easy task: China Daily editorial

China Daily  

The US side makes no bones about the core mission of Under Secretary of Commerce for Industry and Security Alan Estevez's planned visits to the Netherlands and Japan early next month. The intention is to press the two US allies to further tighten and expand their implementation of the United States' ban on high-end chip and equipment exports to China. …

4 Ways China Gets Around US AI Chip Restrictions
6 months, 2 weeks ago

4 Ways China Gets Around US AI Chip Restrictions

The Diplomat  

The recently concluded Computex 2024 in Taipei gathered the world’s most renowned computer manufacturers, and invited an unprecedentedly large number of CEOs of chip manufacturers to be its keynote speakers. The goals of the Biden administration’s technology policy – described as a “small yard, high fence” approach – are to impede, cripple, and delay China’s development of precisely this kind …

Chip coercion further undermines trust in what US says: China Daily editorial
7 months, 2 weeks ago

Chip coercion further undermines trust in what US says: China Daily editorial

China Daily  

Employees work on a chip production line of a tech company in Shishi, Fujian province. In yet another act of "economic coercion" targeting Chinese companies, the US has revoked export licenses that allowed tech giants such as Qualcomm and Intel to supply chips to Chinese telecommunications equipment company Huawei, which Washington has already put on a trade restriction "entity list" …

U.S. chip bans not meant to hobble China's growth, Blinken says
7 months, 3 weeks ago

U.S. chip bans not meant to hobble China's growth, Blinken says

Hindustan Times  

By Stephen Nellis U.S. chip bans not meant to hobble China's growth, Blinken says April 26 - U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday. Since 2022, U.S. officials have imposed sweeping …

China criticises U.S. tightening of chip export rules
8 months, 3 weeks ago

China criticises U.S. tightening of chip export rules

The Hindu  

China has criticised the tightening of U.S. rules on semiconductor exports, saying they have created more hurdles to trade and more uncertainty in the chip industry. The Biden administration last week revised rules aimed at making it harder for China to access U.S. artificial intelligence chips and chipmaking tools, part of a larger effort to hobble Beijing's chipmaking industry over …

China blocks use of US-made Intel & AMD chips in govt computers: Report
9 months ago

China blocks use of US-made Intel & AMD chips in govt computers: Report

Hindustan Times  

China has introduced new guidelines that will mean U.S. microprocessors from Intel and AMD are phased out of government personal computers and servers the Financial Times reported on Sunday. Washington DC has already imposed sanctions on numerous Chinese firms on national security grounds, and also legislated to encourage more technology products to be manufactured in the United States and blocked …

US is constantly assessing expansion of export controls on chips that could boost China's military
9 months, 1 week ago

US is constantly assessing expansion of export controls on chips that could boost China's military

Associated Press  

MANILA, Philippines — The United States is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that could be used to boost its military, U.S. Commerce Secretary Gina Raimondo said Monday. Last year, the U.S. Commerce Department broadened the export controls, sparking protests from China’s Commerce Ministry that the restrictions …

Experts flay US chip move
9 months, 3 weeks ago

Experts flay US chip move

China Daily  

A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The US government's reported latest move to stop US companies from supplying critical raw materials to Chinese chip company Semiconductor Manufacturing International Corp highlights once again that Washington is misusing political power to disrupt normal commercial cooperation between business entities of the two countries, which …

China is quietly reducing its reliance on foreign chip technology
10 months, 1 week ago

China is quietly reducing its reliance on foreign chip technology

Live Mint  

From consumer gadgets to cars, China has time and again shown a knack for emulating cutting-edge foreign technology. America’s decision in 2022 to halt exports to the country of its whizziest chips and chipmaking tools brought into stark relief the chokehold of China’s geopolitical rivals over the industry. In December last year China’s imports of the lithography machines used to …

China receives U.S. equipment to make advanced chips despite new rules: Report
1 year, 1 month ago

China receives U.S. equipment to make advanced chips despite new rules: Report

The Hindu  

November 15, 2023 06:04 pm | Updated 07:18 pm IST - WASHINGTON Chinese companies are buying up U.S. chipmaking equipment to make advanced semiconductors, despite a raft of new export curbs aimed at thwarting advances in the country's semiconductor industry, a report said on Tuesday. The 741 page annual report, released by the U.S.-China Economic and Security Review Commission, takes …

China rebukes U.S. over latest chip restrictions
1 year, 2 months ago

China rebukes U.S. over latest chip restrictions

The Hindu  

China has lodged a stern rebuke of the United States over its latest chip curbs, China's foreign ministry said on Wednesday, after the Biden administration published new measures to further restrict Beijing's access to cutting-edge technologies. Washington on Tuesday said it plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others. It also …

Semiconductor sale restrictions hurting 'chip alliance' members
1 year, 2 months ago

Semiconductor sale restrictions hurting 'chip alliance' members

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. A year after the Joe Biden administration took the first step toward restricting semiconductor sales to China, it has begun drafting additional measures. But progress has slowed down in recent months as US chip companies are telling the government that cutting sales to …

Biden administration's insane ramping-up of tech offensive risks getting out of hand: China Daily editorial
1 year, 4 months ago

Biden administration's insane ramping-up of tech offensive risks getting out of hand: China Daily editorial

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. To contain the rise of China, Washington has politicized global economic development, and the measures it has adopted to prohibit China from having normal cooperative relations with sci-tech companies in the US and even in other developed countries have seriously disrupted …

NYT: US chipmakers need China
1 year, 5 months ago

NYT: US chipmakers need China

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. Swanson noted that global semiconductor companies are finding themselves in an extremely tricky position as they try to straddle a growing rift between the United States and China. Those tensions were reflected during Treasury Secretary Janet L. Yellen's recent visit to Beijing, where …

U.S. 'won't tolerate' China's ban on Micron chips
1 year, 6 months ago

U.S. 'won't tolerate' China's ban on Micron chips

The Hindu  

The United States "won't tolerate" China's effective ban on purchases of Micron Technology memory chips and is working closely with allies to address such "economic coercion," U.S. Commerce Secretary Gina Raimondo said on Saturday. Raimondo told a news conference after a meeting of trade ministers in the U.S.-led Indo-Pacific Economic Framework talks that the U.S. "firmly opposes" China's actions against …

China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
1 year, 7 months ago

China tells tech manufacturers to stop using Micron chips, stepping up feud with United States

The Hindu  

Stepping up a feud with Washington over technology and security, China's government on Sunday told users of computer equipment deemed sensitive to stop buying products from the biggest U.S. memory chipmaker, Micron Technology Inc. Micron products have unspecified “serious network security risks” that pose hazards to China’s information infrastructure and affect national security, the Cyberspace Administration of China said on …

EU nears deal on $47B law to boost computer chip production
1 year, 8 months ago

EU nears deal on $47B law to boost computer chip production

Associated Press  

LONDON — The European Union was closing in Tuesday on approval for a plan to ramp up semiconductor production as it seeks to wean itself off reliance on Asia for the tiny computer chips that control everything from cars to washing machines. The European Parliament and the bloc’s 27 member states struck an informal agreement for the 43 billion-euro Chips …

US aims to prevent China, Russia from using $52 billion semiconductor funding
1 year, 9 months ago

US aims to prevent China, Russia from using $52 billion semiconductor funding

Firstpost  

Washington: The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor manufacturing and research funding from being used by China and other countries deemed of concern. This measure covers chips “including current-generation and mature-node chips used for quantum computing, in radiation-intensive environments, and for other specialized military capabilities.” Commerce Secretary Gina Raimondo said “these guardrails …

Biden to limit growth in China for chipmakers getting U.S. funds
1 year, 9 months ago

Biden to limit growth in China for chipmakers getting U.S. funds

LA Times  

The Biden administration unveiled tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S. The new restrictions tied to the CHIPS Act aim to impose more onerous limitations on companies expected to secure incentives, including industry leaders Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co. and Intel Corp., which all operate in …

Taiwan chip pioneer warns U.S. plans will boost costs
1 year, 9 months ago

Taiwan chip pioneer warns U.S. plans will boost costs

The Hindu  

U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products, the billionaire founder of the global industry’s biggest manufacturer warned Thursday. Morris Chang of Taiwan Semiconductor Manufacturing Corp. said he supports U.S. efforts to slow China’s development of …

Taiwan chip pioneer warns US plans will boost costs
1 year, 9 months ago

Taiwan chip pioneer warns US plans will boost costs

Associated Press  

TAIPEI, Taiwan — U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products, the billionaire founder of the global industry’s biggest manufacturer warned Thursday. Morris Chang of Taiwan Semiconductor Manufacturing Corp. said he supports U.S. efforts to slow …

US Technological Dominance Is Not What It Used to Be
1 year, 9 months ago

US Technological Dominance Is Not What It Used to Be

Wired  

With everyone so mesmerized by silver-tongued AI chatbots, it’s easy to forget that most flashy breakthroughs in science and technology depend on much less glamorous advances in the fundamentals of computing—new algorithms, different computer architectures, and novel silicon chips. But academics who study advances in computer science say in a new report that by many measures, the US lead in …

China accuses Washington of abusing export controls
1 year, 10 months ago

China accuses Washington of abusing export controls

Associated Press  

BEIJING — China’s government on Monday criticized U.S. controls on technology exports as a trade violation, after Japan and the Netherlands agreed to join Washington in limiting Beijing’s access to materials to make advanced processor chips they say can be used in weapons. The Foreign Ministry didn’t mention the latest development but accused Washington of abusing export controls and organizing …

Final nail in the coffin for China: US, Netherlands and Japan enter into agreement for chip sanctions
1 year, 10 months ago

Final nail in the coffin for China: US, Netherlands and Japan enter into agreement for chip sanctions

Firstpost  

The US, Netherlands and Japan have finally entered into an agreement to impose sanctions on the Chinese chip making industry, and stop exporting chip making machines and tech to China. The agreement would extend certain export limits the US implemented on China back in October to businesses headquartered in the two ally nations, including ASML Holding, Nikon Corp., and Tokyo …

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