U.S. lifts chip software curbs on China amid trade truce
The U.S. government has rescinded its export restrictions on chip-design software to China, semiconductor software companies Synopsys and Cadence announced Thursday. "Synopsys is working to restore access to the recently restricted products in China," the California-based software maker said in a statement. Its rival, Cadence, confirmed with CNBC that the U.S. Bureau of Industry and Security, which falls under the Department of Commerce, had reversed the export restrictions. "We are in the pr