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US Export Curbs On Hua Hong Test Applied Materials China ExposureThe US Department of Commerce has ordered Applied Materials and other US chip equipment suppliers to halt certain tool shipments to Chinese chipmaker Hua Hong. The move targets Hua Hong, China's second largest contract chip manufacturer, and tightens existing export controls on semiconductor production tools. The new restrictions add fresh pressure to Applied Materials' international business, particularly its exposure to the Chinese semiconductor market. Applied Materials, traded as...
