New U.S. restrictions on chip exports are threatening up-and-coming Chinese semiconductor manufacturers
exports of chips and chip-making equipment to China
are set to deal a setback to some of the country’s fast-emerging semiconductor companies, curbing China’s attempts to catch up with the U.S. in advanced technology. The rules announced Friday by the Commerce Department require a license for U.S. companies to export advanced chips and chip-making equipment key to China’s technological goals,a WSJ membership
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