In a letter sent Thursday, Senator Tom Cotton urged US Commerce Secretary Howard Lutnick to prohibit CXMT from accessing the domestic marketplace. The lawmaker requested strict limitations on the Chinese memory chip producer's ability to obtain American technologies. Cotton cautioned that the company threatens the nation's military superiority alongside its broader economic prosperity. He stressed that federal intervention is vital to prevent the Chinese producer from securing a more dominant foothold worldwide.
Key points
Federal lawmakers view CXMT as an active danger to United States military superiority and…: Federal lawmakers view CXMT as an active danger to United States military superiority and economic prosperity.
The Commerce Department is being pressured to impose total restrictions on CXMT within do…: The Commerce Department is being pressured to impose total restrictions on CXMT within domestic markets.
US officials aim to block Chinese semiconductor producers from establishing a stronger fo…: US officials aim to block Chinese semiconductor producers from establishing a stronger foothold across the global market.
Sources checked by our analysis pipeline: 1
WASHINGTON, Nov 12 : The Republican chair of the Senate Intelligence Committee urged US Commerce Secretary Howard Lutnick to bar Chinese memory chip producer CXMT from the US market and deny it access to American technologies.
Senator Tom Cotton said in a letter Thursday that CXMT "poses a growing risk to our economic prosperity and military superiority. The US must take action to prevent CXMT from gaining a stronger foothold in the global market."
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