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Cotton asks Lutnick to put China's CXMT on U.S. Entity List

Sen. Tom Cotton, in a Thursday letter CNBC said it first obtained, asked Commerce Secretary Howard Lutnick to add Chinese DRAM maker CXMT to the Entity List.

What's new
  1. Reuters is now reporting this
  2. CNA is now reporting this
  3. New headline Was: “Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says”
  4. Our desk filed its story

Wire reporting: (Reuters, via CNA)

Sen. Tom Cotton, an Arkansas Republican, asked Commerce Secretary Howard Lutnick on Thursday to add Chinese memory chipmaker ChangXin Memory Technologies, or CXMT, to the U.S. Entity List, CNBC reported1. Channel NewsAsia, carrying Reuters, said Cotton also asked Lutnick to bar CXMT from the U.S. market and deny it access to American technologies2.

CNBC said it first obtained the letter1.

The Entity List is administered by the Commerce Department's Bureau of Industry and Security, CNBC reported1. Brookings Institution fellow Kyle Chan told CNBC that an Entity Listing generally means U.S. companies are not allowed to do business with the listed firm and that the firm does not get access to U.S. technology1.

CNBC described CXMT as the world's fourth-largest producer of DRAM and said the company is pushing into high-bandwidth memory used in AI chips1. Cotton wrote that CXMT poses a growing risk to U.S. economic prosperity and military superiority and that Washington should keep it from gaining a stronger global foothold, according to both CNBC and CNA1,2.

CNA identified Cotton as chair of the Senate Intelligence Committee2. CNBC did not use that title in the article text reviewed1.

CNBC said the Commerce Department and CXMT did not immediately respond to its requests for comment1. CNA's account as reviewed did not include a reply from Lutnick, Commerce or CXMT2.

It is not known from the coverage whether Commerce will add CXMT to the Entity List or restrict U.S. sales1,2.

Sources

  1. CNBCLutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says
  2. (Reuters, via CNA)Republican senator urges ban on Chinese chipmaker CXMT from US market

How it’s being reported

2 sources