President Donald Trump's administration has directed U.S. companies that provide software for semiconductor design to halt sales to Chinese entities, the Financial Times reported Wednesday, citing multiple sources familiar with the decision.
Trump orders US chip designers to stop selling to China
5/28/2025
According to the report, Electronic Design Automation (EDA) firms—including Cadence (CDNS.O), Synopsys (SNPS.O), and Siemens EDA—were instructed by the Commerce Department to cease supplying their technology to Chinese groups.
The Bureau of Industry and Security issued the directive, sources told the Financial Times.
Following the news, shares of Cadence dropped 10%, while Synopsys shares declined by 11%.
Cadence declined to comment. Synopsys and Siemens EDA did not immediately respond to requests for comment.
A spokesperson for the Commerce Department stated that the agency is evaluating exports deemed strategically significant to China, adding, “in some cases, Commerce has suspended existing export licenses or imposed additional license requirements while the review is pending.”
China makes up roughly 16% of Synopsys’s annual revenue and around 12% for Cadence.
Elon Musk has endorsed a hypothetical constitutional amendment that would make members of Congress ineligible for re-election if the federal deficit exceeds 3% of GDP
6/4/2025 9:14 PMCBO says if Trump tariffs remain in effect for 10 years they would reduce deficits by $2.8 trillion even accounting for economic effects
6/4/2025 8:44 PMAmazon, AMZN, to invest $10 billion in North Carolina to expand cloud, AI infrastructure
6/4/2025 8:41 PMTrump: Powell must lower interest rates
6/4/2025 8:34 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.