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US Ban on Chinese Supercomputing Firms to Hurt These Stocks

Puja Tayal
US Ban on Chinese Supercomputing Firms to Hurt These Stocks

According to an unpublished Federal Register notice, the United States has added Wuxi Jiangnan Institute of Computing Technology, Sugon, and Sugon's three affiliates to the “Entity List.” The Entity List is a list of companies that US firms cannot sell technology to without government approval.