News Snapshot:
Why it matters: After USA-based manufacturers, Dutch and Japanese companies are now preparing a harsher ban on technology exports to China. The Asian country won't have access to any of the machinery needed to make high-performance microchips. It seems China will soon be unable to manufacture its own advanced microchips. The US government has already imposed an export ban on KLA Corp, Lam Research Corp and Applied Materials, and now it's time for Netherlands and Japan to embrace Washington's decision to completely cut off Beijing from the international technology market for chipmaking machines. According to people familiar with the matter,...
