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U.S. Tightens Export Controls on China's AI Chips, Adds 140 Firms to Entity List

Dec 2, 2024, 10:01 AM

The United States is set to tighten export controls on China's semiconductor industry, implementing new restrictions on Monday. The measures will add 140 Chinese companies, including chip equipment makers Naura Technology Group, Piotech, and SMIC, to the Entity List, restricting exports to these firms. The new rules aim to curb China's access to advanced semiconductor tools and chips with high-bandwidth memory essential for artificial intelligence. Equipment made in Malaysia, Singapore, Israel, Taiwan, and South Korea will be subject to the new regulations, while the Netherlands and Japan are exempt. This move represents the third crackdown in three years by the U.S. to slow China's technological advancements and address concerns over military applications of AI.