New US restrictions on chip sales to China will affect 140 companies

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Additional restrictions to be announced by U.S. authorities on the sale of semiconductor equipment and chips to China will affect 140 companies, Reuters reported, citing industry sources.
The new package of restrictions will be announced on Monday, the news agency said. The package includes restrictions on shipping high-bandwidth memory (HBM) chips needed in the field of artificial intelligence (AI) to China and new export restrictions on chip-making equipment made in countries such as Singapore and Malaysia.
The Chinese companies facing the new restrictions include about 20 semiconductor companies, two investment companies and more than 100 chip tool makers, the sources said.
Among the companies cited by the sources were chip equipment makers Naura Technology Group, Piotech and SICARRIER Technology.
The new rules will also allow the US to regulate any goods shipped from overseas to China if they contain US chips.
In early October 2022, the United States banned 28 Chinese technology companies from using semiconductor chips made with American technology worldwide. The ban applies not only to American companies, but to any company in the world that uses American semiconductor technology.

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