TAIPEI -- Shares in several Chinese chip companies tumbled by up to 20% on Monday after the U.S. unveiled its toughest curbs yet on Beijing's tech ambitions.
Equipment makers and AI semiconductor developers among those hit
The U.S. is clamping down on China's tech ambitions by tightening restrictions on the export of of vital chip equipment. © Reuters
TAIPEI -- Shares in several Chinese chip companies tumbled by up to 20% on Monday after the U.S. unveiled its toughest curbs yet on Beijing's tech ambitions.