Senator Tom Cotton urges CXMT BIS ban

Sen. Tom Cotton is urging Commerce Secretary Howard Lutnick to add Chinese memory chip maker CXMT to the Bureau of Industry and Security Entity List. Cotton argues that the company poses a growing risk to U.S. economic prosperity and military superiority due to its rapid market share growth and potential to develop high-bandwidth memory. CXMT is already on the Pentagon's 1260H list of companies with ties to Beijing's military, though that list carries limited restrictions. Open article →