The Biden administration adds 31 Chinese companies and institutions, including YMTC, to an “unverified list”, limiting their ability to obtain regulated US tech (Ana Swanson/New York Times)

Wall Street Journal:
Sources: US chip equipment suppliers are pausing business activities and pulling out staff based at China’s YMTC, following US curbs on China’s chip sector  —  Tool makers are pulling out staff and pausing work as they assess the impact of Commerce Department restrictions on semiconductor exports to China

Financial Times:
Sources: the US commerce department plans to put Chinese memory chip maker YMTC on its “entity list” as early as this week, limiting its ability to get US tech  —  YMTC and others may go on ‘entity list’ as early as this week  —  The Biden administration is set …

Ana Swanson / New York Times:
The US Commerce Department releases its plan for the $50B CHIPS Act: $28B for grants and loans, $10B for expanded manufacturing, and $11B for R&D  —  The Commerce Department issued guidelines for companies angling to receive federal funding aimed at bolstering the domestic semiconductor industry.

Che Pan / South China Morning Post:
A profile of YMTC, China’s top memory chip maker that could end up in the crosshairs of US sanctions; YMTC had 1% share of the global memory chip market in 2020  —  A few months before the US-China trade war started in July 2018, local media coverage of President Xi Jinping was focused …

Max A. Cherney / Protocol:
The Biden administration issues sweeping new rules significantly expanding the limits on exports of chips and chipmaking tools to China  —  The U.S. unveiled a set of new regulations Friday that aim to choke off China’s access to advanced chips, the tools necessary to manufacture years-old designs …

Michael McSweeney / The Block:
A White House report proposes possible restrictions on proof-of-work mechanisms if US crypto mining companies fail to reduce the industry’s environmental impact  —  – The White House encouraged a broad policy push to reduce greenhouse gas emissions and urged the use of clean energy by U.S. crypto mining companies.