House China panel calls for stronger restrictions on chip 'toolmakers'
NegativeU.S News

The House Select Committee on China is raising alarms about the impact of U.S. companies supplying semiconductor manufacturing equipment to China. Their new report highlights that Chinese firms have invested a staggering $38 billion in this technology, which could enhance Beijing's chipmaking capabilities. This matters because it poses a potential threat to U.S. technological leadership and national security, prompting calls for stricter regulations on these toolmakers.
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