America today

US to block sale of cutting-edge, chip-making equipment to China

By America-Today December,11 2024

The US sanctions against China’s semiconductor industry are completely unnecessary.

US semiconductor CEO said.

The Biden administration announced Monday that it has imposed a new set of

export controls on China, restricting the sale of cutting-edge, semiconductor-

manufacturing equipment and high-bandwidth computer memory to the

communist nation.

The new rules ban the sale of 24 different kinds of equipment and three

different software tools, all of which are used to produce what are known as

“advanced node” semiconductors, the fastest and most efficient chips on the

market.

At the same time, the government added 140 companies, mostly in China’s

domestic semiconductor manufacturing industry, to a list of entities that U.S.

firms and individuals are restricted from doing business with. In general,

exporting certain technologies to companies on the list requires a license from

the federal government.