US Considers Blacklisting CXMT to Curb China’s Chip Advancement

The US is considering blacklisting CXMT, a Chinese company that produces advanced chips, in an effort to further curb China’s chip advancement. The move comes as part of a broader effort by the US to limit China’s access to advanced technologies and to prevent the country from becoming a global leader in semiconductor manufacturing. The blacklisting would restrict CXMT from accessing US technologies and could potentially disrupt its operations. The decision is expected to be made in the coming days, and could have significant implications for the global chip market and the broader US-China technology rivalry.

Read more at: www.bloomberg.com

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