US lawmakers seek wider bans on chipmaking tool sales to China

economictimes.indiatimes.com

US lawmakers are calling for broader bans on chipmaking tool sales to China after a report revealed $38 billion in purchases last year. A bipartisan investigation found inconsistencies in allied export rules allowed non-US firms to sell to Chinese companies barred from US suppliers, increasing China's semiconductor competitiveness. The committee advocates for wider restrictions on tool sales and components to counter China's growing technological capabilities, noting a significant increase in sales from 2022.


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