News Snapshot:
The Biden administration last week announced limits on exporting semiconductor technology to China. The restrictions from the US Commerce Department's Bureau of Industry and Security are meant to slow the progress of Chinese military programs. America's Intel, South Korea's Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Co, which operate facilities in China, have received exemptions, the Wall Street Journal reported on Thursday. None of the four immediately respond to CNET requests for comment. Outside the exemptions, companies will need a special license to sell computing chips and chipmaking equipment to China. The limits specifically target graphics processing units used to...
