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Home » Applied Materials reaches $252 million settlement with U.S. Commerce Department, resolving allegations it illegally shipped chipmaking equipment at minimum wage to China (Reuters)
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Applied Materials reaches $252 million settlement with U.S. Commerce Department, resolving allegations it illegally shipped chipmaking equipment at minimum wage to China (Reuters)

Stacey D. WallsBy Stacey D. WallsFebruary 12, 2026No Comments
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allegations Applied China chipmaking Commerce Department equipment Illegally materials million minimum reaches resolving Reuters settlement shipped U.S wage
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Related Posts

Three pieces could sell for $100 million each

May 14, 2026

A look at GameStop’s takeover bid for eBay, a bizarre job request from GameStop CEO Ryan Cohen, who doesn’t have the money to buy eBay, to become CEO of eBay (Matt Levine/Bloomberg)

May 14, 2026

Anthropic and the Gates Foundation pledge $200 million to use AI in health and education initiatives; the foundation signed a similar $50 million deal with OpenAI in January (Jeffrey Dastin/Reuters)

May 14, 2026
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