TRD

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Biden to blacklist China’s YMTC, crackdown on AI chip sector

WASHINGTON, Dec 15 (Reuters) – The Biden administration on Thursday plans to add Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip industry to a trade blacklist, broadening its crackdown on China’s chip industry, the Commerce Department said. YMTC, long in the crosshairs of the …

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