U.S., UK export controls hit China’s access to Arm’s chip designs

Following the SoftBank-owned company’s decision to sell some of the most cutting-edge semiconductor designs, Chinese digital giant Alibaba Group Holding Ltd.

British semiconductor technology company Arm Ltd, which is owned by SoftBank, concluded that the US and UK would not provide licenses for the sale of technology to China. This is the first time Arm has publicly said that it would not be able to sell its most innovative ideas to China. Two months after the US announced a comprehensive set of export regulations, the development happened.

Additionally, the Yangtze Memory Technologies and 35 other Chinese companies would be added to a trade blacklist by the Biden administration, preventing them from purchasing specific American components. Neoverse V2, Arm’s newest data center chip technology, was introduced earlier this year to handle the massive increase in data generated by 5G and other internet-connected devices.