U.S. Revokes Authorizations for Intel, Samsung, SK Hynix to Receive Chip Equipment in China

The U.S. Department of Commerce announced a final rule removing Intel Semiconductor (Dalian) Ltd., Samsung China Semiconductor Co. Ltd., and SK hynix Semiconductor (China) Ltd. from the Validated End-User (VEU) program. The change revokes existing authorizations that allowed these firms to receive U.S. chipmaking equipment in China without individual licenses.

• The...