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New US Rule on Foreign Chip Equipment Exports to China to Exempt Some Allies - Reuters

July 31, 2024 1:02 PM EDT
(Updated - July 31, 2024 1:03 PM EDT)

New US Rule on Foreign Chip Equipment Exports to China to Exempt Some Allies - Reuters

  • President Joe Biden's administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers.
  • Shipments from allies including Japan, the Netherlands and South Korea will be excluded, limiting the impact of the rule.
  • ASML and Tokyo Electron will not be affected.
  • The new rule would bar about half a dozen Chinese semiconductor fabrication factories, or fabs.


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