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US plans update rules related to semiconductors and chipmaking equipment exports

The United States plans to update rules related to semiconductors and chipmaking equipment exports, with updates expected to occur at least annually, according to the Commerce Secretary. These updates will affect exports of chips to foreign units of companies headquartered in China, Macau, and other countries. However, most chips used for consumer applications like gaming, smartphones, or laptops can proceed without licensing. The new rule also expands license requirements for advanced chip expo... Read More

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Posted: Oct 17 2023, 12:55

Author Name: forexlive

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