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U.S. to unveil more regulations to keep chips from China, Bloomberg says
The Fly

U.S. to unveil more regulations to keep chips from China, Bloomberg says

The U.S. plans to unveil more regulations to keep chips made by TSM (TSMC (TSM)), Samsung (SSNLF), and other producers from flowing to China, Mackenzie Hawkins, Jenny Leonard, and Jane Lanhee Lee of Bloomberg reports. The latest measures introduced by the Biden administration will seek to encourage chip producers like TSM, Samsung, and Intel (INTC) to carefully scrutinize customers and increase due diligence, people familiar with the matter told Bloomberg.

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