US curbs export controls on chip design software and tools to China

The US government has imposed new export restrictions on a range of goods shipped to China, including semiconductor design software, chemicals, and industrial tools. These measures aim to limit China's access to critical components, prompting market reactions as Cadence and Synopsys shares declined. Despite initial concerns, Synopsys maintained its revenue projections, leading to a partial recovery in after-hours trading. https://ift.tt/MjPViGk