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Yangtze Memory and others will move to US Entity List. US and China have battled over access to leading technology.
The cybersecurity firm has invested heavily in top lobbyists and law firms in an effort to lift restrictions on doing business in America.
The addition of five Chinese firms to the US ‘entity list’ for allegedly supporting Moscow’s invasion of Ukraine is a warning shot for bigger companies trading with Russia, analysts say.
US government targets firms that 'support the Chinese military'
Washington says Huawei is a national security threat on a variety of grounds and aggressively lobbied other countries not to use Huawei equipment.