The Trump administration has rescinded some restrictions on the export of chip design software to China, just weeks after putting the curbs in place. Software firms Synopsys and Cadence and

Shares of Synopsys and Cadence Design Systems jumped on Thursday after the US lifted export curbs on chip design software to China, easing uncertainty around access to the crucial market. The restrictions,

President Donald Trump’s administration has lifted recent export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease some restrictions on critical technologies.