Report: Multilateral China Chip Controls Could Take 9 Months, Raimondo Says

U.S. chip companies may need to wait as long as nine months before the U.S. can come to an agreement with allies on multilateral China chip controls, Bloomberg reported Nov. 3. Commerce Secretary Gina Raimondo, speaking last week to Lam Research, KLA and other chip companies, said the U.S. is working on an agreement with the Netherlands and Japan, but such a deal could take six to nine months, the report said.

Raimondo’s comments came about a week after Bureau of Industry and Security Undersecretary Alan Estevez said he was confident the U.S. will soon convince allies to adopt similar semiconductor export controls on China in the "near term" (see 2210270047). The new controls, announced last month, are designed to restrict China’s ability to acquire advanced computing chips and manufacture advanced semiconductors (see 2210070049). Commerce, Lam Research and KLA didn’t comment.