Tuesday, 4 July, 2023

US Firm AXT Seeks Permits Amid China's Chip Export Restrictions

In response to China's restrictions on chip exports, American semiconductor manufacturer AXT is applying for permits to continue its chipmaking operations. The move comes as part of a broader effort by the United States to secure its semiconductor supply chain and reduce reliance on foreign sources. With China's export controls impacting global chip supply, AXT's permit application signifies the company's commitment to navigating the evolving landscape.