White House Imposes New Restrictions on Chip Exports to China

(Bloomberg) — The Biden administration imposed new restrictions on China’s access to American semiconductor technology, adding measures aimed at stopping Beijing’s push to develop its own chip industry and advance the country’s military capabilities.

The Commerce Department added more names to a list of companies that it regards as “unverified,” meaning it doesn’t know where their products end up being used. The 31 additions are all Chinese. That means U.S. suppliers will face new hurdles in selling technologies to those entities.