🇺🇸🇨🇳 U.S. BLOCKS CHIP TOOLS TO CHINA’S #2 CHIPMAKER

The U.S. has ordered major chip equipment firms to halt some shipments to China’s second-largest chipmaker, Hua Hong.

Hua Hong had been developing tech for AI chips, and was preparing a 7 nm chipmaking process that only SMIC, China's largest contract chipmaker, can currently produce.

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