U.S. May Tighten China Export Rules on Cadence (CDNS), Synopsys (SNPS)

By Yahoo! Finance   |   3 weeks ago
U.S. May Tighten China Export Rules on Cadence (CDNS), Synopsys (SNPS)

The U.S. Commerce Department has reportedly asked EDA software companies like Cadence Design Systems Inc., Synopsys Inc., and Siemens EDA to stop supplying their technologies to China. The companies may need new export licenses, impacting revenue.

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