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U.S. lifts chip software curbs on China in sign of trade truce

The U.S. government has rescinded its export restrictions on chip-design software to China, three of the largest players in the space announced on Thursday. In separate statements, semiconductor software designers Siemens AG, Synopsys, and Cadence all said they received letters from the U.S. Department of Commerce informing them that the controls had been lifted. While Siemens is based in Germany, its chip design software subsidiary, Siemens EDA, is based in Oregon, U.S. As a result of export

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The U.S. government has rescinded its export restrictions on chip-design software to China, semiconductor software companies Synopsys and Cadence announced Thursday.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