U.S. Accuses Chinese Memory Chipmaker, AI Firms of Aiding Military

(Bloomberg) — The Pentagon added China’s leading memory chipmaker and prominent players in AI, energy and automobiles to a list of companies it accuses of aiding the Asian nation’s military, expanding a roster intended to warn allies against potential national security threats.

The Department of Defense added Yangtze Memory Technologies Co. Ltd. and facial-recognition firm Megvii Inc. to its Section 1260H rundown. That list already includes major telecom and aerospace players as well as Huawei Technologies Co. and Semiconductor Manufacturing International Corp. (SMIC) — two companies at the heart of Beijing’s efforts to replace American technology.