US strengthens restrictions on advanced computing chips to prevent diversion to China
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FILE PHOTO: Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
WASHINGTON (Reuters) - The United States strengthened restrictions on advanced computing semiconductors on Wednesday to prevent the diversion to China of high-end chips, the Commerce Department said.
The new rules impose broader licensing requirements for chip factories and packaging companies seeking to export certain advanced chips, it said. They build on earlier measures aimed at hampering China's ability to secure certain chips critical for military advantage, Commerce said.
(Reporting by Karen Freifeld and Doina Chiacu)
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