U.S. Prepares New Chip Export Restrictions Targeting Chinese Tech Industry

The Biden administration is reportedly finalizing measures to blacklist up to 200 Chinese semiconductor firms, citing national security concerns.

The U.S. is expected to announce new export controls next week, targeting China's access to semiconductor equipment and advanced AI memory chips.
Proposed measures include adding around 200 Chinese companies to the entity list, requiring special licenses for U.S. firms to trade with them.
The restrictions focus on Chinese chip manufacturing equipment providers and AI memory chips, while scaling back earlier plans to target certain Huawei suppliers.
China has condemned the anticipated sanctions, warning of 'necessary actions' to protect its firms and criticizing the U.S. for destabilizing global trade.
The measures follow years of U.S. efforts to curb China's technological advancements, with allies like Japan and the Netherlands involved in discussions.