The United States is reportedly planning to impose additional restrictions on the sale of semiconductor equipment and AI memory chips to China. This move would mark a significant escalation in a crackdown on Beijing’s tech ambitions, but falls short of earlier proposals. As a result, Japanese chip-related stocks have seen a notable increase, while mainland Chinese shares have declined.
Source: https://www.bloomberg.com/news/newsletters/2024-11-28/us-said-to-be-readying-more-china-chip-curbs