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Industry

U.S. to provide $500 million to SandboxAQ for semiconductor materials development

The U.S. government plans to invest $500 million in SandboxAQ, a U.S. AI and quantum technology company spun off from Alphabet, and take a minority stake. The funding is to develop chemicals and materials for U.S. semiconductor plants, including PFAS alternatives, performance-enhancing materials and catalysts to speed chemical reactions in chipmaking. The work also includes reducing or replacing rare earths used in permanent magnets and batteries in manufacturing equipment.

Industry

U.S. Congress introduces bill to tighten chip tool export controls to China, targeting ASML DUV

The U.S. Congress has introduced new export-control legislation aimed at blocking sales, maintenance and technical support for semiconductor equipment to major Chinese chip firms, Cryptopolitan reported. The bipartisan MATCH Act would narrow access to key tools China cannot produce and extends restrictions beyond advanced EUV to older DUV systems, including ASML immersion DUV. The bill lists firms such as SMIC and Huawei and would press allies to strengthen rules within 150 days.