The US Commerce Department’s Bureau of Industry and Security (BIS) issued an interim final rule on August 12 to impose restrictions on four emerging and fundamental technologies, among which an electronic computer-aided design (ECAD) software which is important to designing artificial intelligence (AI) chips, further preventing China from designing and producing next-generation advanced semiconductor chips.
Intel Corporation has announced that Tan Lip‑Bu, the 2022 recipient of a prestigious award from the Semiconductor Industry Association (SIA), will join the company’s board of directors starting September 1, 2022.
The Chinese government, in view of increasing new energy cars sales in the domestic market, is expected to end the exemption of an acquisition tax rate of 10% designated for new energy cars purchases, according to Chinese media reports.