Trump team seeks to toughen chip controls over China, Bloomberg News reports
Feb 24 (Reuters) – The Trump administration is planning to toughen semiconductor restrictions on China, continuing and expanding the Biden administration’s efforts to limit Beijing’s technological prowess, Bloomberg News reported on Monday.
U.S. officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron (8035.T), and ASML (ASML.AS), engineers from maintaining semiconductor gear in China, the report said.
Some Trump officials also aim to further restrict the quantity and types of Nvidia (NVDA.O), hips that can be exported to China without a license, the report said, citing people familiar with the matter.
Nvidia, Japan’s Ministry of Economy, Trade and Industry (METI), and the Dutch foreign ministry declined to comment.
Tokyo Electron, ASML, and the White House did not respond to Reuters’ requests for comment.
Trump’s goal is for key allies to align with the U.S. in imposing restrictions on China, similar to those placed on American chip gear companies like Lam Research (LRCX.O), KLA (KLAC.O), and Applied Materials (AMAT.O), as per the report.
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Trump team seeks to toughen chip controls over China, Bloomberg News reports, source
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