The Biden administration on Thursday added Chinese memory chipmaker Yangtze Memory Technologies Co Ltd (YMTC) and 21 "major" Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its crackdown on China's chip industry.
YMTC, long in the crosshairs of the US government, was added to the list over fears it could divert American technology to previously blacklisted Chinese tech giants Huawei Technologies Co Ltd and Hangzhou Hikvision Technology Co Ltd.
The move, laid out in the Federal Register, will bar YMTC's suppliers from shipping US goods to it without a difficult-to-obtain licence.
