Mar 22, 2023 03:08 AM

U.S. ‘Guardrails’ to Limit Chipmakers’ Operations in China

(Bloomberg) — The Biden administration is set to unveil tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S.

The $50 billion CHIPS and Science Act will bar companies that win grants from expanding output in China by 5% for advanced chips and 10% for older technology, according to officials at the Commerce Department, which will disburse the funds.

You've accessed an article available only to subscribers
Share this article
Open WeChat and scan the QR code