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The measures could cripple China’s chip manufacturing industry. The measures harken back to the strict regulations during the height of the Cold War. Shares of semiconductor manufacturing equipment manufacturers began to decline as a result of the recent actions taken against them. Advertisement The Biden administration published a wide list of export regulations on Friday, including a plan to shut China off from certain semiconductor chips created anywhere with U.S. technology. The measures, some of which take effect immediately, rely on restrictions sent to major toolmakers KLA Corp (KLAC.O), Lam Research Corp (LRCX.O), and Applied Materials Inc (AMAT.O) earlier this...
