The Biden administration said Thursday it was "severely" restricting dozens of mostly Chinese organizations, including at least one chipmaker, over their efforts to use advanced technologies to help modernize China's military.
The Bureau's latest action comes more than two months after the Biden administration imposed new curbs on China's access to advanced semiconductors.
"I've long sounded the alarm on the grave national security and economic threats behind YMTC and other CCP-backed technology companies, like CXMT and SMIC," Senate Majority Leader Chuck Schumer, D-N.Y., said in a statement Thursday morning.
"YMTC poses an immediate threat to our national security, so the Biden Administration needed to act swiftly to prevent YMTC from gaining even an inch of a military or economic advantage," Schumer said.
Four more were added due to "their significant risk of becoming involved in activities that could have a negative impact" on U.S. national security of foreign policy, according to the release.