Chipmaking equipment company Lam Research to lay off 1,300 employees
In addition to earlier cut of contract workers
News - Lam Research
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US plans further blocks on sales of semiconductors and chipmaking tools to China
Codifying bans it has been slowly rolling out via informed letters
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Shares in China's largest chipmaker plunge on talks of US ban
Yet another blow to Huawei as SMIC gets targeted by the DoD