House Committee Urges Stricter Regulations on Semiconductor Toolmakers Amid China Concerns

The House Select Committee on China is advocating for tighter regulations on companies that manufacture semiconductor production equipment. This comes as concerns grow over U.S. firms inadvertently bolstering China's chipmaking capabilities, which could threaten U.S. technological leadership and national security. The committee's report reveals that Chinese firms have invested $38 billion in this technology, prompting calls for stronger restrictions on these toolmakers.