US Escalates Tech War With China, New Export Curbs To Hit Cadence, Synopsys As EDA Software, Chemicals And Tools Face License Requirements: Report

The United States has imposed new export restrictions on China, requiring licenses for semiconductor design software, chemicals, and other critical materials as tensions escalate between the world’s two largest economies.

What Happened: The Commerce Department notified companies over recent days about expanded controls affecting electronic design automation (EDA) software, butane and ethane chemicals, machine tools, and aviation equipment, Reuters reported, citing sources.

The restrictions target strategic chokepoints to limit China’s access to products essential for key technology sectors.

“We are aware of the reporting and speculations, but Synopsys has not received a notice from BIS,” CEO Sassine Ghazi told analysts, referring to the Commerce Department’s Bureau of Industry and Security, the report noted. The company maintained its 2025 revenue forecast despite market volatility.

See Also: Boeing CEO Kelly Ortberg Targets Year-End Certification For 737 MAX-7, MAX-10 Amid FAA Scrutiny, Says Variants Are ‘Very Important’ To Customers And Backlog

Why It Matters: The Commerce Department confirmed it is “reviewing exports of strategic significance to China” and has “suspended existing export licenses or imposed additional license requirements while the review is pending.” Officials indicated license requests will be evaluated case-by-case basis rather than implementing an outright ban.

However, Deepwater Asset Management‘s Gene Munster urged investors to focus on core AI growth, noting Nvidia’s business remains “on fire” despite Chinese restrictions.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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