NXP CEO applauds EU Chips Act, seeks clarity on China restrictions

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NXP CEO applauds EU Chips Act, seeks clarity on China restrictions
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The chief executive of Dutch-headquartered computer chip maker NXP Semiconductors on Wednesday applauded the passage of the EU Chips Act this week, but said the industry could use more clarity on export restrictions to China.

, but said the industry could use more clarity on export restrictions to China.

"What I think for our industry is sometimes hard to deal with is there doesn't seem to be a clear roadmap on what to expect going forward," he said, speaking at the Bloomberg New Economy conference.

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