US Lifts Chip Software Export Curbs to China
US Lifts Chip Software Export Curbs to China

US Lifts Chip Software Export Curbs to China

News summary

The United States has lifted export restrictions on advanced chip design software sales to China, reversing controls imposed in May in response to China's rare earth export curbs. Major EDA software providers—Synopsys, Cadence Design Systems, and Siemens—confirmed notification from the US Commerce Department that special export approvals are no longer needed. Siemens and Cadence have already restored access for Chinese clients, while Synopsys is in the process of doing so. The move is part of a broader trade truce, with both countries agreeing to ease technology and mineral trade barriers. Siemens' share price rose following the announcement. Chinese and US officials have expressed optimism about future relations and efforts to stabilize supply chains.

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10
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2
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0
Unrated
5
Last Updated
29 min ago
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