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Applied Materials faces probe in the US for shipping chip equipment to China

Applied Materials, the largest US maker of chipmaking machinery, is facing investigations in the US for violating export restrictions to China.

In a filing to the US Securities and Exchange Commission, the company said it was under investigation by the US Attorney’s Office for the District of Massachusetts for certain shipments to China.

“In August 2022, we received a subpoena from the US Attorney’s Office for the District of Massachusetts requesting information relating to certain China customer shipments. We are cooperating fully with the government,” the company said in the filing.

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Source:: Computerworld

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