Semiconductor chips on a printed circuit board in this illustration picture taken on Feb. 17, 2023. Florence Lo/Reuters
The U.S. Commerce Department has rolled back export restrictions it recently imposed on chip designing software and ethane, indicating further de-escalation of trade tension with Beijing.
The Bureau of Industry and Security (BIS) on Wednesday wrote to Synopsys, Cadence Design Systems, and Siemens—three of the world’s largest electronic design automation (EDA) software developers—and energy companies Enterprise Products Partners and Energy Transfer, notifying them of the policy change.