"The US has announced sweeping new measures targeting China's semiconductor sector, restricting the export of chipmaking equipment and high-bandwidth memory. This move has sparked concerns over potential supply chain disruptions."
"We are constantly talking to our allies and partners as well as reassessing and updating our controls," Alan Estevez, Under Secretary of Commerce for Industry and Security, said in a statement. "Today's announcement represents the next step in that ongoing work."
"A key feature of the new sanctions is the 'Foreign Direct Product Rule,' which allows the US to impose export controls on foreign-made products containing US technology, increasing the scope of restrictions," said Manish Rawat, semiconductor analyst at TechInsights.
"The updated measures have also added 140 Chinese entities to a blacklist, targeting firms seen as pivotal to Beijing's ambitions for semiconductor self-sufficiency through advanced manufacturing technologies."
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