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Biden plans to expand restrictions on US semiconductor shipments to China

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Sites Publishing The News 2/2 goodwordnews.com Reuters reports even greater restrictions on sales of U.S. shipments to China of semiconductors used for artificial intelligence and chip-making tools. Reuters cites “several people familiar with the matter”. The Commerce Department intends to issue new regulations based on restrictions communicated in letters earlier this year to three U.S. companies – KLA Corp , Lam Research Corp and Applied Materials Inc, the sources said, speaking as covered with anonymity. The draft new rules were not previously announced. The rules would also codify restrictions in Commerce Department letters sent to Nvidia Corp and Advanced Micro…

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