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U.S. Expands Export Restrictions on Chinese Tech Firms

  • The U.S. Commerce Department has added 140 Chinese tech firms to its “entity list” to restrict China's access to crucial technology.
  • The new restrictions cover semiconductor manufacturing, chipmaking tools, and software.
  • U.S. companies need special licenses to export to these firms, primarily targeting high-bandwidth memory chips.
  • China criticized the move as economic coercion and vowed to take countermeasures.

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