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 U.S. has restricted the export of memory chips used in AI applications, but a delayed announcement gave Chinese companies a chance to stock up.

The 140 new entrants on the Commerce Department's Entity List include semiconductor fabrication plants, also known as fabs, semiconductor tool companies, and investment companies "that are acting at the behest of Beijing to further the China's advanced chip goals which pose a risk to U.S. and allied national security."

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

The US has introduced new export controls in an effort to curtail China’s ability to create an advanced semiconductor industry and to slow its development of artificial intelligence with military applications.

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,

New US restrictions will hit two dozen semiconductor companies, two investment firms and over 100 chipmaking tool makers, sources told Reuters.