CHIPS EQUIP Act (proposed)

Rule Changes

Bill introduced to bar CHIPS Act recipients from buying Chinese chipmaking tools for ten years

Intel is racing to regain its chipmaking crown with a 14A process backed by billions in U.S. subsidies. In mid-December 2025, Reuters revealed the company had been test-driving critical tools from ACM Research, a China-rooted equipment maker whose Shanghai and Korean units sit on a U.S. export blacklist.

Updated May 15