U.S. Rolls Back Chip Software Curbs on China
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The Trump administration has lifted export license requirements for U.S. chip design software sales to China, easing trade restrictions amid improving relations. The U.S. Commerce Department informed major firms like Synopsys and Cadence that government approval is no longer needed for transactions in China. This decision aligns with recent trade negotiations, as China shows willingness to resume exchanges of rare earth materials and advanced technology, marking a significant step towards stabilizing economic ties between the U.S. and China.
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