Biden Team Mulls New Clampdown on China’s Largest Chipmaker
- Agencies are meeting Thursday to discuss further restrictions
- U.S. equipment makers face new restrictions in selling to SMIC
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The Biden administration is considering imposing tougher sanctions on China’s largest chipmaker, according to people familiar with the situation, building on an effort to limit the country’s access to advanced technology.
The National Security Council is set to hold a meeting on Thursday to discuss the potential changes, said the people, who asked not to be identified because the deliberations are private. Agencies represented through their deputies will include the Commerce, Defense, State and Energy departments.