Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
U.S. Defense Chief Pete Hegseth Defends Controversial Second Strike on Suspected Drug-Smuggling Vessel 
Pentagon Probe Finds Hegseth’s Use of Signal Risked Exposing Sensitive Yemen Strike Details 
Germany Moves to Approve €2.9 Billion Defense Procurement Package 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
National Guard Member Killed in White House-Area Shooting Sparks Terror Probe and Immigration Review 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 
U.S. Expected to Expand Travel Ban to More Than 30 Countries 
Trump Administration Plans Major Rollback of Biden-Era Fuel Economy Standards 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
U.S. to Reduce Import Duties on South Korean Autos Under New Trade Agreement 
Samsung Launches Galaxy Z TriFold to Elevate Its Position in the Foldable Smartphone Market 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups 
The Trump administration has reportedly instructed U.S. firms that provide electronic design automation (EDA) software, crucial for semiconductor development, to halt sales to Chinese companies, according to the Financial Times. The directive, reportedly communicated via letters from the Commerce Department, targets leading EDA software makers including Synopsys (NASDAQ:SNPS), Cadence, and Siemens EDA.
Though the Commerce Department declined to confirm the letters, it stated that it is reviewing exports of strategic value to China and, in some cases, has suspended export licenses or added new requirements. This potential restriction could significantly impact Chinese chip design companies, which rely heavily on U.S. EDA tools, as well as the revenue streams of American suppliers.
Synopsys, which earns about 16% of its revenue from China, stated it has not received any communication from the Bureau of Industry and Security (BIS). CEO Sassine Ghazi reiterated the company’s full-year revenue guidance, citing no official changes in its export situation. Cadence, which derives roughly 12% of its revenue from China, declined to comment. Siemens EDA has yet to respond.
Following the report, Cadence shares fell 10.7% and Synopsys shares dropped 9.6%. However, both stocks rebounded 3.5% in after-hours trading after Synopsys reaffirmed its 2025 revenue forecast.
Industry experts describe U.S. EDA software as a critical choke point in global semiconductor development. The policy marks a continuation of longstanding U.S. efforts to limit China's access to advanced chipmaking technologies, echoing earlier export controls under the Trump administration. If confirmed, this shift could disrupt China’s semiconductor ambitions and reshape global chip design supply chains.
