New rules significantly expand restrictions on selling China chip technology, but critics say they also contain carve-outs that are favorable to industry.

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group ,

The United States announced new export restrictions Monday taking aim at China's ability to make advanced semiconductors -- used in weapon systems and artificial intelligence -- as competition deepens between the world's two biggest economies.

The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.

The Biden administration today announced new restrictions on advanced chip technology that can be exported to China in a further effort to curb the country’s ambitions in artificial intelligence and the development of high-end military technology.

The U.S. will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group, among other moves,