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 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 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. is launching new export restrictions on 140 Chinese semiconductor companies, targeting advanced chips and manufacturing tools, aiming to limit China's chip production and national security threats.

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