New rules significantly expand restrictions on selling China chip technology, but critics say they also contain carve-outs that are favorable to industry.

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group,

The Biden administration announced a sweeping set of export controls on chip-manufacturing equipment, memory, and software that will make it more difficult for companies like Huawei and ByteDance to develop cutting-edge AI.

The US has introduced new export controls in an effort to curtail China’s ability to create an advanced semiconductor industry and to slow its development of artificial intelligence with military applications.

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group ,

Washington will restrict exports to 140 China-based companies, Reuters reported, ahead of Donald Trump’s return to the White House.

The United States announced new export restrictions Monday targeting China's ability to make advanced semiconductors, drawing swift condemnation from Beijing as competition deepens between the world's two biggest economies.