According to reports, the Biden administration has achieved an agreement with the Netherlands and Japan to limit China’s access to sophisticated chipmaking gear. According to Bloomberg, officials from the two nations agreed on Friday to use some of the same export limitations that the United States has employed in the previous year to block businesses such as NVIDIA from selling their newest technology in China. According to the agreement, export limits would be enforced on lithography system manufacturers such as ASML and Nikon.
