The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.

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 Biden administration announced a sweeping set of export controls on chip-manufacturing equipment, memory, and software that will make it more difficult for companies like Huawei and ByteDance to develop cutting-edge AI.

The Biden administration issued new restrictions on exports of certain semiconductor chips and equipment to China on Monday, marking the Biden administration’s latest crackdown to curb the

The Biden-Harris administration announced on Monday restrictions prohibiting exports of certain types of chips and semiconductor equipment to China, according

Washington will restrict exports to 140 China-based companies, Reuters reported, ahead of Donald Trump’s return to the White House.

The US has introduced export restrictions to 140 Chinese semiconductor companies to curb the growth of its AI industry.

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.