Update on Biden to tighten technology exports to China even further<p>Reuters with the update, citing "several people familiar with the matter", unnamed:</p><ul><li>The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies -- KLA Corp , Lam Research Corp (LRCX.O) and Applied Materials Inc (AMAT.O), </li><li>Some of the sources said the regulations would likely include additional actions against China. The restrictions could also be changed and the rules published later than expected.</li></ul><p>---</p><p><a href="https://www.reuters.com/business/exclusive-biden-hit-china-with-broader-curbs-us-chip-tool-exports-sources-2022-09-11/" target="_blank" rel="nofollow">Here is the link</a> with much more </p>
This article was written by Eamonn Sheridan at forexlive.com.
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