Overview
- The US Commerce Department informed Synopsys, Cadence and Siemens that export-license requirements for electronic design automation software to China have been lifted effective immediately.
- Synopsys confirmed receipt of a Bureau of Industry and Security letter and said it will restore access to restricted products in China within three business days.
- Siemens has resumed sales and support to Chinese customers and restored full access to software and technology classified under ECCNs 3D991 and 3E991.
- The reversal follows London talks that linked US relief on chip-design curbs to Beijing’s earlier commitment to accelerate approvals of critical rare-earth mineral exports.
- Shares of Cadence and Synopsys jumped about 6–7% as the industry regained clarity on market access after last month’s six-week licensing requirement.