US blocks China's chip ambitions with new tariffs on toolmakers, Malaysia, Singapore caught in crosshairs

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US blocks China's chip ambitions with new tariffs on toolmakers, Malaysia, Singapore caught in crosshairs
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WASHINGTON, Dec 2 — The US will launch its third crackdown in three years on China’s semiconductor industry today, restricting exports to 140 companies including chip equipment...

US blocks China's chip ambitions with new tariffs on toolmakers, Malaysia, Singapore caught in crosshairs

The move marks one of the Biden Administration’s last large-scale effort to stymy China’s ability to access and produce chips that can help advance artificial intelligence for military applications or otherwise threaten US national security. The tool controls will likely hurt Lam Research, KLA and Applied Materials, as well as non-US companies like Dutch equipment maker ASM International .

They will be added to the entity list, which bars US suppliers from shipping to them without first receiving a special license. For the first time, the US will add two companies that make investments in chips to the entity list. Chinese private equity firm Wise Road Capital and tech firm Wingtech Technology Co will be added.Dutch and Japanese exempted

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