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

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The U.S. government has rescinded its export restrictions on chip-design software to China, three of the largest players in the space announced on Thursday.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.