The US Commerce Department’s proposed “national security guardrails”, covering chip makers that receive federal funding, are expected to put pressure on China’s semiconductor development ambitions. Image: Shutterstock
Tech war: proposed US ‘guardrails’ on new chip investment in China to block TSMC, Samsung expansion plans on mainland
- The proposed guidelines bar companies receiving US Chips and Science Act subsidies from using the funds for projects in China, Russia, Iran and North Korea
- The new rules threaten to block major chip makers such as TSMC, Samsung and SK Hynix from expanding their existing production facilities in China
The US Commerce Department’s proposed “national security guardrails”, covering chip makers that receive federal funding, are expected to put pressure on China’s semiconductor development ambitions. Image: Shutterstock