US to Finalize Restrictions on Chinese Chip Factories

The move aims to clarify and strengthen existing tech export controls amid heightened US-China tech rivalry.

The US is finalizing a list of Chinese chipmaking factories restricted from receiving advanced chipmaking tools, aiming to strengthen existing restrictions.
The list is intended to make compliance easier for US companies and patch loopholes allowing Chinese entities to bypass US export controls.
Chinese entities have been accelerating purchases of advanced chipmaking equipment, including lithography systems from ASML, amid ongoing US restrictions.
The US cites national security concerns for the restrictions, while China accuses the US of misusing state power to suppress Chinese companies.
The move highlights the escalating technological rivalry between the US and China, with implications for the global semiconductor industry.