Chip industry grapples with new US curbs on China sales

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Chip industry grapples with new US curbs on China sales
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NEW YORK, Oct 8 — Companies around the world yesterday began to wrestle with the impact of wide-ranging US curbs on selling chips and chip manufacturing equipment to China. The...

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NEW YORK, Oct 8 — Companies around the world yesterday began to wrestle with the impact of wide-ranging US curbs on selling chips and chip manufacturing equipment to China.

Applied Materials said it was assessing the new rules, while Lam and KLA did not immediately respond to requests for comment. American officials yesterday published a sweeping set of rules that restrict the export of some US-made semiconductor manufacturing equipment to China, but provided exemptions for companies from the United States and its allies to seek a license.

Officials yesterday also introduced rules against selling a broad swath of chips for any use in “supercomputer” systems in China. Supercomputers can be used in developing nuclear weapons and other military technologies. US companies Nvidia Corp and Advanced Micro Devices Inc both said last month they had been told to stop exporting their top-tier chips to China.

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