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U.S. lawmakers scale back bill targeting Chinese chipmaking [Yahoo! Finance Canada]
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to the latest version seen by Reuters, but still includes a new countrywide ?restriction on ASML's deep ultraviolet (DUV) immersion lithography machines. Netherlands-based ASML, by far the world's dominant supplier of the critical ?technology, declined to comment. The "MATCH Act" was introduced in the U.S. House of Representatives on April 2 with bipartisan support, to close gaps in restrictions on chipmaking ?equipment sold to China and align the U.S. and other countries, including Japan and the Netherlands. MATCH, which stands for "Multilateral Alignment of Technology Controls on Hardware Act", is aimed at maintaining leadership in artificial intelligence that could transform the balance of power between nations. INDUSTRY VIEWED EARLIER VERSION WITH ALARM Republican Rep. Michael Baumgartner, who introduced the bill, is offering the new version as a substitute for the original, ?according to the latest draft. The early April ?version upset the industry, both in the U.S. a
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